The USDJPY pair hit our early September target (see chart below) of 150.00, extending the bullish trend within the long-term Channel Up:
The price remains above the 1D MA50 (blue trend-line) since July 31 and the bullish flag formed on the 1D RSI indicates that we will have another short-term bullish leg towards the top (Higher Highs trend-line) of the Channel Up. We targeting 153.000 (+3.95% rise from the recent Low, similar to the previous leg).
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The price remains above the 1D MA50 (blue trend-line) since July 31 and the bullish flag formed on the 1D RSI indicates that we will have another short-term bullish leg towards the top (Higher Highs trend-line) of the Channel Up. We targeting 153.000 (+3.95% rise from the recent Low, similar to the previous leg).
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
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.