fxplan

USDJPY : Triple Top Reversal ?

4H Chart : Engulfing candle rejection from resistance zone

The USD/JPY  bullish untill breakdown below the neckline of triple top pattern.


PLAN : buy the dip

  1. wait for reversal pattern area 122.91 – 122.77 to confirm the bullish signal
  2. TP 123.75
  3. SL 122.19  ( 1 Risk: 1 Reward )

 

 

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.