UGTraders

USDJPY - 22.July.2019

UGTraders Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY currently have a corrective wave which is expected to be extended toward 108.50 levels.


Of course the failure of this scenario is going below the support level, OR the market shows a distribution of the bullish momentum. Only than I'll update this idea.


Good luck, and to be updated...

Comment:
Bullish distribution happening right now,
Confirm that by closing below the support level.

Comment:
Needless to mention that we still in our bullish direction, just in case the market break the support.
Comment:
We have a new support to guide us :

Comment:
till now the market didn't activate our trade,

but we have a clear trendline...


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.