After the retest look for long UJ
UJ has broken out of a descending channel with a strong move to the upside, i do believe a pullback to retest the trend would provide a better price to buy USDJPY,
RR ratio if good and we could see a pump up to 120 levels to test the highs on the Daily time frame.
RR ratio if good and we could see a pump up to 120 levels to test the highs on the Daily time frame.
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.