USDJPY BULLISH MOVE!
USD/JPY (BUY)
ENTRY; 140.197
TP1; 149.282
TP2; 155.088
TP3; 161.911
-We can see previously there was a uptrend
-Price and trend changed directions causing price to disrespect the uptrend and move price below the uptrend line.
-As we can see on the chart price has currently formed a pattern we call the double bottom
-We can now expect to see price start to move back up to fill in the price gap..
-Also keep in mind the fed interest rate cuts September 18th 2024 that may help or have an impact on this move here .
- CEEJAY.TRADES
Check out my profile for more!!
ENTRY; 140.197
TP1; 149.282
TP2; 155.088
TP3; 161.911
-We can see previously there was a uptrend
-Price and trend changed directions causing price to disrespect the uptrend and move price below the uptrend line.
-As we can see on the chart price has currently formed a pattern we call the double bottom
-We can now expect to see price start to move back up to fill in the price gap..
-Also keep in mind the fed interest rate cuts September 18th 2024 that may help or have an impact on this move here .
- CEEJAY.TRADES
Check out my profile for more!!
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