USDJPY - Long Trade Setup Analysis
Updated
Hi!, Traders. From today's charts, we found various factors that is used to analyze whether the price will increase.
Trade Setup Analysis
1. Bullish Trend on H4 timeframe . Focus on Long Position.
2. Price is on Demand Zone.
3. Falling Wedge Chart Pattern
4. Bullish Divergence
This is just my idea, looking through the chart. I try to make everything clear and easy to understand. Please control the risk. The market is uncertain. We just do the best we have planned. Thank you.
Trade Setup Analysis
1. Bullish Trend on H4 timeframe . Focus on Long Position.
2. Price is on Demand Zone.
3. Falling Wedge Chart Pattern
4. Bullish Divergence
This is just my idea, looking through the chart. I try to make everything clear and easy to understand. Please control the risk. The market is uncertain. We just do the best we have planned. Thank you.
Comment
As you see the imbalance bearish candle from News. But the structure seems still bullish.
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