After our previous ideas on this pair we continue to ride the bullish bias on USDJPY.
The price delivered an almost 4% since our analysis and after a confirmation of the ascending triangle the market is now testing a daily resistance.
A classic 50% test retracement and and a break above the structure will further confirm the bias and we will be ready to set a new long order according to the Plancton's strategy rules.
The price delivered an almost 4% since our analysis and after a confirmation of the ascending triangle the market is now testing a daily resistance.
A classic 50% test retracement and and a break above the structure will further confirm the bias and we will be ready to set a new long order according to the Plancton's strategy rules.
Note
Note
Note
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Related publications
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.