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RaynLim
Feb 25, 2024 3:07 PM

USDJPY Trading Plan: Bullish Shark Pattern Long

U.S. Dollar/Japanese YenFXCM

Description

I'm maintaining my bullish outlook on USDJPY and currently eyeing a potential buying opportunity. Here are the details:

- Setup: Bullish Shark Pattern
- Completion Level: 150.09

It's crucial to note the presence of the Type2 Bearish Fib-3 Bat on USDJPY's Weekly Chart. While it signals caution, my focus is on the bullish scenario with the completion of the Bullish Shark Pattern at 150.09.

Feel free to share your thoughts and trading plans for USDJPY. Are you considering a long or short position?

Check the chart link within the TradingView post for a visual representation.
Comments
TheFxAce
Based on your points, the market seems ripe for a bullish move.
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