abcfx
Long

USD/JPY Long 4 Hour Chart

FX:USDJPY   U.S. Dollar / Japanese Yen
Many Reasons i believe this pair will continue on the upwards trend.

- Impulse leg forming a flag, if we breakout of the flag then bulls will take over and push price up.
- Possible inverted head and shoulders pattern, if neckline is broken then we will see yet again another rally in price upwards.
- Key Daily Support Levels are being tested, and i believe we will see a bounce off this level.
- Market closed on shooting star candlestick on the 4 Hour Chart, hopefully meaning market will open on a downwards trend and start to test the support level , where the bullish momentum will hopefully start.

TP is just below 4 Hour Key Resistance level , however i do think we will break this level, but want to trade safe.
Trade active: Trade Opened
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out