Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
USDJPY Look for buy now
U.S. Dollar / Japanese Yen
Long
USDJPY Look for buy now
By jojofang0901
Follow
Follow
Updated
Jan 31, 2021
2
6
Cheer
Cheer
11
11
Jan 31, 2021
Hello everyone:
We finally see some bullish price action on UJ, and that could lead to the beginning of the next HTF bullish run.
Price on the LTF formed the inverse Head and Shoulder Pattern, and reverse the price to push out of the channel correction it was in.
This is the first sign of a potential bullish impulse phrase to start on the HTF.
As Always don't jump the gun yet, wait for continuation correction to confirm the upside potential and get in the buys.
Thank you
Jan 31, 2021
Comment
HTF
Feb 4, 2021
Comment
Chart Patterns
correction
FLAG
Head and Shoulders
impulse
Parallel Channel
pattern
priceaction
structure
Wedge
jojofang0901
Follow
Follow
Related publications
USDJPY Bullish Trading Outlook
by jojofang0901
Published
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
.