Traderscope

USDJPY: Possible rebound on the uptrend line

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Hi, we can see on the chart a beautiful green candlestick that suggest a potential rebound of the pair. According to my strategy the opportunity is interesting with a managed risk.
A first target could be 110.50 at this point. Of course the stop loss must be placed below the last lower and below the line.

Hope this helps !

Mes positions et signaux en temps réel: bit.ly/3QZFVur
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