U.S. Dollar / Japanese Yen
Long
Updated

USDJPY H4 DETAILED CHART

61
MARKET STRUCTURE SHOWS THAT BULLISH TREND AS IT WILL MAKE NEW HH AND HL. the market has twice retested the trendline and it might break out the trendline and pullback to resistance zone above

breakout pullback entry

we wait for the pullback after the breakout and we entry sell as it will go to the support zone below


please comment on my analysis if I am doing wrong here..THANKS
Trade closed: target reached
TP SHORT SELL REACHED
Trade active
BUY LONG

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.