In EURJPY, looking at the chart from M1 to D1, I've found out that buying EURJPY is not a bad idea in either scenario.
SL:123.524
TP:129.241
According to the ichimoku cloud as well as chart patterns, it is imminent that it would break the first TP to race towards the first two resistance points. When it reaches the TP, it may be possible that it may pullback to...
In day trading, I've found out that you can buy gbpjpy and take profit at 145.811. According to ichimoku cloud in M1, W1, and D1, there is a bull trend in gbpjpy. I'll try to update with SL soon.
Looks like cadjpy may turn good profit too. TP:85.980 SL:81.875
If it hits the TP that I've laid out, we can assume that it can fall back to support in the bottom. Either sell to support or buy to the next resistance will be clear at 85.980
My previous idea for usdjpy was to buy. Only for day traders, it might be a good profit. However, in the coming weeks, usdjpy will retest its support before pullback. This window is viewed in M1 and the channel holds true in W1 too. What do you guys think?
According to the graph, it seems as if there could be a possible bullish trend. There could be a possible reversal to test the support that I've laid out, but it seems unlikely. If you look at the candle of W1 and D1, there is definite growth. If a reversal does happen, sell to the support level may be a good profit with minimal risk. Let's see where it goes.
![USDJPY: USDJPY [UPDATED] Bearish](https://s3.tradingview.com/h/hJFysglN_mid.png "USDJPY [UPDATED] Bearish")
