Get started
UKTRADERS21

USDJPY LONG

Long
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
UKTRADERS21  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Support and Resistance Double Top or Bottom
3
0
supportandresistance doubletoporbottom
I expect a LONG ranging trade at the current support level, where the market price is currently. On the 1-hour chart, a double bottom pattern has formed, and its neckline has already broken above. Now, it is undergoing a retest.

Entry 146.96
Stop loss 146.10
Target 148.30
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.