chongyinliang
Long

USDJPY - Bottomed??

FX:USDJPY   U.S. Dollar / Japanese Yen
Double bottom as seen on H1 chart. Could this be the start of a bullish move in USDJPY?
Good to go long if price breaks above neckline aggressively.
Mar 08
Trade active
Mar 08
Comment: First target achieved. Price has successfully and also aggressively broke neckline, more upside to come.
Mar 09
Comment: Definitely more upside to come given this aggressively bullish H4 candle close. Should see a little dip before this pair rally
Mar 12
Comment: Re-test, an opportunity for you to add/open long positions.
look at h4, bearish enguling, EMA are about to cross. clear downtrend momentum for right now
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josefdiaz9 josefdiaz9
@josefdiaz9, engulfing*
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chongyinliang josefdiaz9
@josefdiaz9, bearish engulfing candles are only valid if the trend is up, not down.
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chongyinliang josefdiaz9
@josefdiaz9, hope you're good
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