nvrfxtrading

USDJPY BUY ZONE? Leave some allowance to buy back at lower price

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
I think this is the only area that USDJPY can only go down at this moment. I am right on my previous analysis that it will go down because I see every single damn Timeframes from 4H-1W being oversold. However JPY is very weak at this year so I would say its good to buy at the lowest price possible. If it goes down, just rebuy but watch out on your lot sizing.

NFA :)

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.