USDJPY potential Buy Setup
Recommended trading levels:
Entry Level(Buy Stop): 144.350
Stop Loss Level: 139.878
Take Profit Level 1: 148.822
Take Profit Level 2: 153.294
Reasons for bullish bias:
- Price bounced from daily support
- Bullish AB=CD pattern
- Safe Entry at LH breakout, which is also a resistance zone
- Bullish divergence
Entry Level(Buy Stop): 144.350
Stop Loss Level: 139.878
Take Profit Level 1: 148.822
Take Profit Level 2: 153.294
Reasons for bullish bias:
- Price bounced from daily support
- Bullish AB=CD pattern
- Safe Entry at LH breakout, which is also a resistance zone
- Bullish divergence
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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.
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.