USDJPY – Bullish Fakey Setup Triggers | 2-27-2022
Price Action: Price formed a Bullish Pin Bar Signal just above the 114.69 – 115.05 short-term support area, late last week.
Price briefly moved higher from the recent Bullish Fakey Setup + Long Tailed Bar that had formed just above the 114.69 – 115.05 short-term support area, late last week.
Potential Trade Idea: We are considering buying on a pullback into the range of the recent Bullish Fakey Setup + Long Tailed Bar area, with risk management below the low of the Long Tailed Bar’s low.
Price Action: Price formed a Bullish Pin Bar Signal just above the 114.69 – 115.05 short-term support area, late last week.
Price briefly moved higher from the recent Bullish Fakey Setup + Long Tailed Bar that had formed just above the 114.69 – 115.05 short-term support area, late last week.
Potential Trade Idea: We are considering buying on a pullback into the range of the recent Bullish Fakey Setup + Long Tailed Bar area, with risk management below the low of the Long Tailed Bar’s low.
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.
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.