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USDJPY: Your Trading Plan Explained 🇺🇸🇯🇵
Dollar A.S. / Yen Jepang
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USDJPY: Your Trading Plan Explained 🇺🇸🇯🇵
Oleh VasilyTrader
Ikuti
Ikuti
26 Nov 2024
7
2
2
USDJPY is trading within a rising parallel channel on a daily.
The price is currently testing its support.
To buy the market with a confirmation,
watch carefully a bullish flag pattern on a 4H time frame.
A bullish breakout of its resistance and a 4H candle close above will
give you a strong bullish signal.
With a high probability, the price will keep rising then
and reach at least 155.3 level.
Alternatively, a bearish breakout of a channel's support on
a daily may push the prices lower.
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Forex
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Multiple Time Frame Analysis
Parallel Channel
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priceactionsignalsforex
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