USDJPY LONG
Price has been in an uptrend on the daily timeframe, and now it has printed two bearish candles on the daily timeframe, on the 4H timeframe, we can see that price is currently trading below the 50% region of the Fibonacci.
There is buyside liquidity resting above relative equal highs at the 139.390 level. So that would be the first target.
There is buyside liquidity resting above relative equal highs at the 139.390 level. So that would be the first target.
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.