Eddie3026

USD/JPY, Buy with breakout and retest of Daily High.

Long
CAPITALCOM:USDJPY   U.S. Dollar / Japanese Yen
Weekly: Bullish inside bar, coming off 5 weeks of very bullish momentum. (a retrace will happen at some point)

Daily: Price has broken out of the daily swing high, no pull back to demand level has occurred yet at this level.

Higher has formed, as a new HH has formed.

4H: price has reacted off the Daily swing High and pushed down, if buy are to be made and push past the 4H BoS and retest would be considered.

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.