fxplan

USDJPY face the support level

The USD/JPY rejected from Weekly support around 121.50 and price action  pinbar reversal on the 4 hours chart

Plan A. aggressive entry style

1.Buy limit at 121.098  and 121.159

2.Stop loss 120.933

3.Target at 122.03

Plan B wait for confirmation

1.Wait for bullish engulfing and retest  to confirm the buy signal .

USDJPYproH4 USDJPYproWeekly

 

 

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.