Ichimoku intraday long setup: USDJPY
On the H4 TF, price is basing and is bouncing off the tenkan. There is a bullish tenkan-kijun cross, but strangely kijun is pointing downward. The future kumo is getting thinner and I am expecting a bullish kumo twist soon. %R has crossed the -50 mark, indicating bullish momentum.
Trade closed: target reached
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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.