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U.S. Dollar / Japanese Yen
Long
Updated

Trade idea - USDJPY Long

127
1H

Corrective approach towards entry zone.

Ascending trend line holding up the price.

Instant market execution Buy.

1.5% risk.

Aiming to take full profit at Daily TP.
Note
3M

Bullish M pattern potentially in play.

Clear support & resistance zone is there.

snapshot
Note
WEEKLY

Market forming blue candles. Uptrend.

snapshot
Note
DAILY

Bullish impulse / new HH: indication.

Bullish M pattern: confirmation.

Clear support & resistance zone is there.

snapshot
Trade active
Active. Running risk free.
Trade closed: stop reached
Break even.
Pipjager
Chart PatternsDXYForexfxtradingnoindicatorssupply_and_demandSupport and ResistancesupportandresistancezonesTechnical AnalysisTrend AnalysisUSDJPY

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.
Chart PatternsDXYForexfxtradingnoindicatorssupply_and_demandSupport and ResistancesupportandresistancezonesTechnical AnalysisTrend AnalysisUSDJPY
Pipjager

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.