USDJPY Long Idea
After breaking the weekly wedge, we may see a good long opportunity for USDJPY.
I do not expect it to happen very soon, rather it will not be surprising to see a higher low at first.
After observing a higher low and breaking structure and weekly wedge upper line (dark blue), we will be looking for buying opportunities.
Good luck!
This is solely a trading study setup and cannot be considered as a trading signal. I will be using my own strategy for entering conditions. Please use your own risk.
I do not expect it to happen very soon, rather it will not be surprising to see a higher low at first.
After observing a higher low and breaking structure and weekly wedge upper line (dark blue), we will be looking for buying opportunities.
Good luck!
This is solely a trading study setup and cannot be considered as a trading signal. I will be using my own strategy for entering conditions. Please use your own risk.
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.