USDJPY Potential Bullish Movement
we are waiting for a momentum candle close above 108.0 to buy this one
Reason:
1- Objective symmetrical triangle (in blue)
2- Objective Head and Shoulders pattern (in orange)
3- Support Zone from Daily 107.0 (from in purple)
Three confluences are enough to consider Buying USDJPY, after a break below 108.0 (in gray)
*unless price breaks aggressively below 107.00, then a bearish movement would be expected
we are waiting for a momentum candle close above 108.0 to buy this one
Reason:
1- Objective symmetrical triangle (in blue)
2- Objective Head and Shoulders pattern (in orange)
3- Support Zone from Daily 107.0 (from in purple)
Three confluences are enough to consider Buying USDJPY, after a break below 108.0 (in gray)
*unless price breaks aggressively below 107.00, then a bearish movement would be expected
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www.RichTL.com
Instagram:
www.instagram.com/richthesignalyst
Telegram:
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal