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ifeanyichukwu_E

WAIT FOR THE W TO APPEAR

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
ifeanyichukwu_E  
FX:USDJPY   U.S. Dollar / Japanese Yen
Support and Resistance Oscillators Double Top or Bottom
3
1
supportandresistance oscillator doubletoporbottom
The USDJPY has reached a strong resistance at 104.300. I reckon it might form a bullish W-pattern, buy at the neck of the formation at price 104.550 which was also a former support level. The stochastic and the RSI also shows region of nearly oversold conditions
Happy Trading and successful week
Good luck!
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