TarbzFX

USDJPY Long Position (4hr Timeframe)

Long
FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
- Trend breaks out of pennant formation and breaks past daily
- the trend has now retested the new daily support which I believe will lead to a bullish movement towards new resistance
- will look to take this position if the next couple candlesticks signal bullish movement in the 4Hr timeframe
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.