USDJPY Buy Setting Up
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Hello Traders!
USDJPY continues to have a very strong uptrend, and it continues to show the downside is still counter trend. it is giving a good opportunity to buy it at a dip for at least 200 pips of profit.
Price is currently in a bearish channel. This trade offers an opportunity for entries at the dip(higher risk to pick bottoms), and entries at the breakout. Buy stop orders, limits or markets are all valid forms of entry.
Trade with care and good luck!
USDJPY continues to have a very strong uptrend, and it continues to show the downside is still counter trend. it is giving a good opportunity to buy it at a dip for at least 200 pips of profit.
Price is currently in a bearish channel. This trade offers an opportunity for entries at the dip(higher risk to pick bottoms), and entries at the breakout. Buy stop orders, limits or markets are all valid forms of entry.
Trade with care and good luck!
Nota
This setup is similar to the one I published for AUDNZD. we are looking for the same type of pattern to form hereNota
Coming into an interestiing area. will begin to look for an entry in a few hrs
David K Giraldo
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