USDJPY possible bull trend
Updated
According to the graph, it seems as if there could be a possible bullish trend. There could be a possible reversal to test the support that I've laid out, but it seems unlikely. If you look at the candle of W1 and D1, there is definite growth. If a reversal does happen, sell to the support level may be a good profit with minimal risk. Let's see where it goes.
Note
According to the ichimoku cloud, USDJPY will be retesting support. The more I look at the graph, I'm convinced that it is an, in fact, bearish trend. In this coming new week, it doesn't seem to be a bad idea to sell conservatively.Note
For day traders, buying isn't a bad idea. Put TP in the red cloud. (just to be safe)Note
TP reached to the desired price. +Profitable. Closed.Note
Expecting a fall in price for the next week.
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