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USDJPY: Cup-with-Hand Pattern
U.S. Dollar / Japanese Yen
Long
USDJPY: Cup-with-Hand Pattern
By Rocketman
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Nov 16, 2023
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Nov 16, 2023
Fundamentals
:
FED-BOJ divergence
Risk
: The US Fed suddenly starts to lower rates.
Technicals
:
Daily Channel
Cup/w Handle pattern
Kijun Trend Bounce
5EMAs
Past Resistance = Future Support
Daily ADR reached
Fixed Volume Profile support
target: around 153
Beyond Technical Analysis
Chart Patterns
Trend Analysis
Rocketman
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