Possible Buy Opportunity on USDJPY
On UsdJpy, we've recently cracked out of the downtrend channel that price was previously channeling through. We've come back to retest a Significant Daily Level, now we're just waiting for the bullish rejection.
I'll wait to see a strong H4 bullish candle closure past the minor level that is outlined before looking to place buy orders.
I'll wait to see a strong H4 bullish candle closure past the minor level that is outlined before looking to place buy orders.
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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.