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USDJPY BUY OUTLOOK
U.S. Dollar / Japanese Yen
Long
USDJPY BUY OUTLOOK
By BigKobes
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Jul 29, 2023
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Jul 29, 2023
- This buy setup is based off the weekly &
daily timeframe.
- On the higher time frames, such as Weekly and
daily, UJ is bullish.
- Price formed a break & retest on daily and 8H timeframe.
- Also, we can see in more detail on 1h & 4H,
that price formed a strong support and sustained it.
- The 1st entry could've been on 5m after price formed a bullish
engulfing off support.
- Furthermore, price formed a gravestone doji @
reisistance, which could've been the 2nd entry.
Beyond Technical Analysis
USDJPY
usdjpylong
BigKobes
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