USDJPY Buy
Long term uptrend on Weekly , Daily & Hourly candles. Looks like Ascending triangle forming over past 2 weeks or so (price needs to return near 145 before potential breakout).
Price seems to be playing off of fib. levels from ascending lows& corresponding highs 9/6-7 & 9/9-13.
SL set based on these levels & mkt structure and TP set slightly below key fib levels at a 1:3 ratio.
SAR indicates buy on 15m, 1h, 4h & D. DBB & MAR indicate opportunity on 15m & D timeframes. Tweezer bottom on 15m & 30 m timeframes.
Be aware of upcoming news from JPN. SL **should** insulate from volatility.
Price seems to be playing off of fib. levels from ascending lows& corresponding highs 9/6-7 & 9/9-13.
SL set based on these levels & mkt structure and TP set slightly below key fib levels at a 1:3 ratio.
SAR indicates buy on 15m, 1h, 4h & D. DBB & MAR indicate opportunity on 15m & D timeframes. Tweezer bottom on 15m & 30 m timeframes.
Be aware of upcoming news from JPN. SL **should** insulate from volatility.
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