TarekAdam

USD/JPY might move higher again soon

Long
TarekAdam Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
3
Price reached a very strong support level that might cause a reversal on the upside.
I wait for a trend change on the 1H timeframe to enter a LONG position.
Comment:
I am waiting now for a retracement on the 1H timeframe for a LONG entry if it turns before the last support level. (I don't know how to add the new chart in the comment to show, sorry for that.)

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.