USD/JPY Channel on Daily

FX:USDJPY   U.S. Dollar / Japanese Yen
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After the News the Yen has strengthen to 101 and trading around 101.80

Now I am Looking to Buy Some Dollars with NFP due this Friday.
So will be buying in 2 areas:
  • First is a Demand Zone which is derived from previous price action.

  • Second Channel Support and Important Fib Level

Buy in the Demand Zone Based on Price Action Signals
Stop loss will be Close below Demand Zones
Target Upper Channel

Happy Trading & Profitable Trading

If my analysis has helped you plz             press the like button to support

Comment: 101 recaptured :)
Trade active: Moe stops to breakeven guys Happy Weekend everyone

Loooking Good Now wait for the marked targets and move stops to break even :)
With NFP due tomorrow watch out for these demand zones :)
ADrownTrader bajajharsimran
I think so, inspite of the result of NFP.
I thought between two Demand Zone is more important.
Bullish Bat Pattern on 4 Hour
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