AlphaFX_

possible Long position on UJ for this upcoming year!

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
we can see that price has been in an uptrend for quit some time now. it has created a bullish triangle pennant some what looking like a bullish flag pattern aswell once price breaks up and forms a higher high and comes down to retest that broken zone we will enter the long position. for now u can still trade the lower time frames but i personally look for the bigger and longer set ups if i post a short here probably by the time you see this the move already played out and more .
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.