USDJPY SCALPING TRADE

144
Scalping trade

USDJPY LONG

ENTRY 149.894
SL 149.70
TP 150.09 ,150.25 AND 150.30

We are observing a trend-following trade. After breaking the daily resistance, the market has made a new high and is now retesting the previous resistance, which is now our support.

On the 15-minute chart, the market has formed a double bottom, and the pattern’s neckline has already been broken upwards. We will look for a trade at the retest

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.