USDJPY 4H BUY
The yen pair has been experiencing some slow rise since the flash crash.
it has however not reached its first support level . the last two days, we had a small rally down.this rally absorbed some sellers.
the daily is my base timeframe which is a strong up. the 4H is my entry timeframe.
i was waiting for some sort of exhaustion and a start of a rally up.
i have it and ready to go.
based on price action.
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.