Trade idea - USDJPY Long

Updated
1H

Corrective approach towards entry zone.

Ascending trend line holding up the price.

Instant market execution Buy.

1.5% risk.

Aiming to take full profit at Daily TP.
Comment
3M

Bullish M pattern potentially in play.

Clear support & resistance zone is there.

snapshot
Comment
WEEKLY

Market forming blue candles. Uptrend.

snapshot
Comment
DAILY

Bullish impulse / new HH: indication.

Bullish M pattern: confirmation.

Clear support & resistance zone is there.

snapshot
Trade active
Active. Running risk free.
Trade closed: stop reached
Break even.
Chart PatternsDXYForexfxtradingnoindicatorssupply_and_demandSupport and ResistancesupportandresistancezonesTechnical AnalysisTrend AnalysisUSDJPY

Disclaimer