Hi Traders!
USDJPY is in an ascending channel, and there is a bullish outlook on the market.
Here are the details:
After the pullback from the weekly high, the market seems to have found support near the channel support line.
We are now looking for a break and close above the 20 EMA for a confirmation signal to target an exit near the weekly high.
Preferred Direction: Buy
Entry Level: 143.250
Stop Level: 142.271
Target Level: 145.209
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
USDJPY is in an ascending channel, and there is a bullish outlook on the market.
Here are the details:
After the pullback from the weekly high, the market seems to have found support near the channel support line.
We are now looking for a break and close above the 20 EMA for a confirmation signal to target an exit near the weekly high.
Preferred Direction: Buy
Entry Level: 143.250
Stop Level: 142.271
Target Level: 145.209
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
JOIN OUR FREE TELEGRAM CHANNEL
t.me/bluetonaFX
t.me/bluetonaFX
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.
JOIN OUR FREE TELEGRAM CHANNEL
t.me/bluetonaFX
t.me/bluetonaFX
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.