theselfishtrader
Long

Bullish Reversal Long trade opportunity

FX:USDJPY   U.S. Dollar / Japanese Yen
I am looking for a long trade at current prices.
  • The 2-period RSI is overbought
  • Price recently broke out above, and is now retesting dynamic support on the 50EMA
  • A bullish inside bar has formed
Conservative targets at 108.4 - 108.5 range

NB: The daily and weekly candles suggest the longer term trend is bearish
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out