fxplan

USDJPY Bullish Bias

Daily Chart : Retested 21 EMA support , bullish bias

1 hour chart plan

A. Pinbar rejection from support level 122.69 (confluence level) + Engulfing candle = buy signal

      –  Target 122.93

      –   Strong candle break above 122.93 could target 123.25

      –   Stop loss below pinbar

USDJPYDaily USDJPYH1

 

 

Warning: Before any investment in Forex you need to carefully consider your targets, previous experience, and risk level. FX trading can result in the loss of your money, therefore, you should not invest capital that you cannot afford to lose.