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DesharedPierreJr.

USDJPY to create another higher high

Long
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
DesharedPierreJr.  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Support and Resistance Trend Lines Candlestick Analysis usdjpylong buyusdjpy uptrend higherhigh Bullish Engulfing entrypoint retest nakedtrading nakedforex
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supportandresistance trendline candlestick usdjpylong buyusdjpy uptrend higherhigh bullishengulfing entrypoint retest nakedtrading nakedforex
UJ is still in its major uptrend as price continues to create strong higher highs and indecision lower lows. I took a buy based on the 30min structure. My target is the next daily resistance level. I believe that buying at a higher low off of a retest is a valid opportunity. Especially after a volume bullish engulfing candle.

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