USDJPY on the daily chart has a buying opportunity. A retest on the trendline will give an opportunity to long, as long as it didn't break and close below the trendline. The grey box will be the area that trend traders have to take note of, if it fail to break and close above the grey box, shift stops to entry to avoid unnecessary losses.
Note
ignore aboveNote
If you are looking for an aggressive buying opportunity, you can wait for a retest on the trendline retest. As long as the candle didn't break and close below the trendline, you can consider a buying opportunity.
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🕒 15mins workday for Young Parents
🏦 Qualify Junior Analyst within 90days
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🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
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.