USDJPY, NEW DIRECTION, POSSIBLE UPTREND
A potential uptrend has been identified on the lower time frame showing a possibility of price rising toward the 109.20 price area. The potential setup remains valid above the 108.36 price area.
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Disclaimer: Trading foreign currencies (forex) is not appropriate for all investors, and the risks of forex trading can be substantial. You should carefully consider whether forex trading is right for you in light of your particular circumstances and financial resources.
Like/comment/follow to get notification updates on this and other ideas.
Disclaimer: Trading foreign currencies (forex) is not appropriate for all investors, and the risks of forex trading can be substantial. You should carefully consider whether forex trading is right for you in light of your particular circumstances and financial resources.
Trade closed manually:
New lower time frame price action showing less pressure to the upside. Set up cancelled in profit.