ProficientForex

The reward of Patience - 300 pips bullish movement

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
In a 240-minute chart, the Ending Diagonal pattern is formed, there is a scenario that a strong uptrend will be formed according to this pattern.
As it has been shown in the picture, the target of this pattern is in the range of 109.85, and the loss limit will be 103.52.
Daily time frame analysis and the general trend will be determined soon

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.