USDJPY Idea
Updated
Gday Guys. How you are guys doing?
Today let's analyze USDJPY.
In the Weekly perspective, this pair still strongly bullish. But as everyone knows, any market movement will not healthy if continues bullish without any corrections made.
What I see in this pair today is creating a correction on bearish to complete the market structure. if these pair continue bullish, from a human behavior perspective they have to gain a little bit of buyer power to continue bullish.
For now, I see this market most likely creating a minor trend. Taking advantage of this movement will be profitable if you manage your risk properly.
Let's see what happens next.
Today let's analyze USDJPY.
In the Weekly perspective, this pair still strongly bullish. But as everyone knows, any market movement will not healthy if continues bullish without any corrections made.
What I see in this pair today is creating a correction on bearish to complete the market structure. if these pair continue bullish, from a human behavior perspective they have to gain a little bit of buyer power to continue bullish.
For now, I see this market most likely creating a minor trend. Taking advantage of this movement will be profitable if you manage your risk properly.
Let's see what happens next.
Trade closed manually
Profit Closed Manually. Looking for next potentials
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.