Get started
WrightWayInvestments

USDJPY - Bullish Idea

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
WrightWayInvestments Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis Descending Channel breakouttrading wavetheory USDJPY Bullish Patterns
4
2
trendanalysis chartpattern waveanalysis descendingchannel breakouttrading wavetheory usdjpy bullish
As shown USDJPY has broken out of the bearish channel and showed and showed support with a bullish momentum with a double bottom and by jumping from the trend line of the bearish channel. Moving forward we can expect USDJPY to continue moving towards the target levels of 134.000, 137.000, and 140.900 with an invalidation level of this idea being at 127.996.

Upgrade your trading with me

For FREE SIGNALS and if you would like to see updates on this idea and many more please follow:

@wrightwayinvestments
@wrightwayinvestments
@wrightwayinvestments

Hit the like button, and share for more!
Comment:
TP 1 SMASHED!
Comment:
Still going!
Comment:
TP 2 SMASHED
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.