USDJPY: Trading Plan For US Session ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ฏ๐Ÿ‡ต

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USDJPY is trading within an expanding wedge pattern.

Today the price formed a double bottom within that.

108.55 - 109.0 is a current narrow trading range.
Wait for its resistance breakout (4H candle close above)
and then buy on a retest.

First goal will be - 109.7

In case of a bearish breakout of a support of a range, setup will be invalid.

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Check my new analysis on AUDCAD:
AUDCAD: Important Breakout & Wave Up ๐Ÿ‡ฆ๐Ÿ‡บ๐Ÿ‡จ๐Ÿ‡ฆ
Chart PatternsTechnical AnalysistradingTrend AnalysisUSDJPYWave Analysis

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