USDJPY BUY OUTLOOK

29 ביולי 2023

- This buy setup is based off the weekly &
daily timeframe.

- On the higher time frames, such as Weekly and
daily, UJ is bullish.

- Price formed a break & retest on daily and 8H timeframe.

- Also, we can see in more detail on 1h & 4H,
that price formed a strong support and sustained it.

- The 1st entry could've been on 5m after price formed a bullish
engulfing off support.

- Furthermore, price formed a gravestone doji @
reisistance, which could've been the 2nd entry.