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LDForex_

USDJPY- Bullish Symmetrical Triangle

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
LDForex_ Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators USDJPY Symmetrical Triangle Bullish Patterns majorpairs Technical Analysis priceactionanalysis topdownanalysis
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3
trendanalysis chartpattern indicator usdjpy symmetricaltriangle bullish majorpairs technicalanalysis priceactionanalysis topdownanalysis
-If Bulls take control of this pair then I will wait for a breakout of the triangle and look to enter on the retest.
-The 50EMA is below price which indicates bullish trend of the pair.
-Top down analysis from the Daily and 4 hour show bullish trend and signals.
-I will wait for a strong bullish candle on the retest and then I will enter a long trade.
Order cancelled:
Price did reach demand turned supply zone but it was not a good entry as there was no strong bullish candle confirmation to enter a long for this pair.
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