USDJPY: Bullish Accumulation & Trading Plan ๐บ๐ธ๐ฏ๐ต
https://www.tradingview.com/x/X8j8NwDV/
USDJPY is stuck on a key horizontal daily resistance.
The price is currently trading within a narrow range.
Because the current trend is bullish, I am looking for trend-following opportunities.
To buy with a confirmation, wait for a bullish breakout of 142.0 - 142.45 area.
Daily candle close above will confirm the violation.
A bullish continuation will be expected then at least to 143.5
Alternatively, a bearish breakout of the support of the range may trigger
a correctional movement.
โค๏ธPlease, support this video with like and comment!โค๏ธ
USDJPY is stuck on a key horizontal daily resistance.
The price is currently trading within a narrow range.
Because the current trend is bullish, I am looking for trend-following opportunities.
To buy with a confirmation, wait for a bullish breakout of 142.0 - 142.45 area.
Daily candle close above will confirm the violation.
A bullish continuation will be expected then at least to 143.5
Alternatively, a bearish breakout of the support of the range may trigger
a correctional movement.
โค๏ธPlease, support this video with like and comment!โค๏ธ
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