Going bullish on USD/JPY
As we can see on the chart we formed a bullish pennant so the price is going to go up
And we also see a strong resistance is going to be a support when price break it
So we will put our SL below the support and TP at the end of the pennant
And we also see a strong resistance is going to be a support when price break it
So we will put our SL below the support and TP at the end of the pennant
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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.