USDJPY bullish continuation probable above 106.00
This pair has been trending up since early January and we may have an upcoming chance to ride a leg or 2 if we see a break above 106.
Looking for daily close confirmation and a bullish price action upon re-test of the level.
See below a view of the weekly chart and also why I'm bullish biased. We saw a breakout from a long term descending channel after which, it traded approx. 145 pips higher. Right now it's trading against 106.00 and a breakout looks imminent.
If a setup materializes, first target would be that 107 handle. DISCLAIMER: This is a personal view and not trading advice.
Looking for daily close confirmation and a bullish price action upon re-test of the level.
See below a view of the weekly chart and also why I'm bullish biased. We saw a breakout from a long term descending channel after which, it traded approx. 145 pips higher. Right now it's trading against 106.00 and a breakout looks imminent.
If a setup materializes, first target would be that 107 handle. DISCLAIMER: This is a personal view and not trading advice.
تم فتح الصفقة
This one's breaking out atm.ملاحظة
Almost got stopped out but survived. Targeting 107.00 now I think.ملاحظة
Crappy follow through. Not keen on leaving this trade open through the weekend so I'm likely to close this early, especially if I keep seeing this market hesitation. Prefer to keep my gains intact for the month.ملاحظة
Good bounce. Holding.ملاحظة
First TP 107 hit.أغلقت الصفقة: تم الوصول للهدف
إخلاء المسؤولية
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.