Get started
drmoe89

Long on USDJPY 1-H time frame

Long
U.S. Dollar / Japanese Yen (CAPITALCOM:USDJPY)  
drmoe89  
CAPITALCOM:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Fundamental Analysis
0
1
trendanalysis fundamental
I am going long on USDJPY as illustrated in the attached chart for the following reasons:

- Fundamental: Long on USD and short on JPY.

Technical:
1- Up trend.
2. Retracement to an area of value ( 38.2 % ).
3. Entry trigger with double bottoms seen in 15 minutes chart.

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.