Get started
The808Trader

USD/JPY low tide to rising profit - Ichimoku Long Setup

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
The808Trader  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators USDJPY usdjpylong Bullish Patterns ichimokukinkohyo ichimokuforex the808trader Forex forexsignals
2
0
trendanalysis chartpattern indicator usdjpy usdjpylong bullish ichimokukinkohyo ichimokuforex the808trader forex forexsignals
The USD has been on a bit of a rampage lately despite all the trade war concerns, Towards the end of last week we finally saw a slight drop with this pair. We've fallen below tenken sen here so I'm watching for price to drop to kijun and support to be held there. If price holds there, I will look for an entry back to our previous highs. If price fails to drop to kijun, breaks kijun, or our bullish confirmations change, this setup may become invalidated.
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.