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U.S. Dollar / Japanese Yen
Long
Updated

Everyone is SELLING, But BULLS are in control!! (BUY) W,D,1HR

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UJ Thesis

- Weekly: After rejection off 106.60 weekly support last week cndle closed as a bullish engulfing signalling UJ could still move abit higher.

- Daily: Huge bullish candle broke above 108.50 psychological level. Price also broke above previous weekly zone. So UJ is most likely going to move higher. Next possible target 109.30 zone.

- 1hr: Now waiting for UJ to pullback into 108.50 psychological zone. If level holds then we could see a bullish rally up to 109.30 resistance
Trade active
Trade closed: stop reached
-25pips
Trade active
Entered again
Trade active
Both targets hit
Trade closed: target reached
Both targets hit***
MountOlympusFx
Chart PatternsForexHarmonic PatternsjpytradingTrend AnalysisUSDUSDJPY

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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.
Chart PatternsForexHarmonic PatternsjpytradingTrend AnalysisUSDUSDJPY
MountOlympusFx

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.