USDJPY: Your Trading Plan For Today 🇺🇸🇯🇵

8 พ.ย. 2022

USDJPY is approaching a rising trend line on a daily.
The price formed a double bottom pattern on that on an hourly time frame.

To buy with a confirmation, wait for a bullish breakout of its horizontal neckline.
We need an hourly candle close above 146.8.
A bullish continuation will be expected to 147.4 level then.

If the price sets a new lower low on an hourly, the setup will become invalid.

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️