Hi traders,
USDJPY looks like a buy. Watch for a setup using your tested trading strategy.
It could move straight up the highs in one swing move, there is a possibility it could bounce off swing low before the move up. If it manages to break structure, wait for a corrective structure before any further buys.
Best regards,
Tom_Killick
USDJPY looks like a buy. Watch for a setup using your tested trading strategy.
It could move straight up the highs in one swing move, there is a possibility it could bounce off swing low before the move up. If it manages to break structure, wait for a corrective structure before any further buys.
Best regards,
Tom_Killick
Note
This idea is a "long" not a short as the title says, apologies for the error. :-)
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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.