USDJPY is in a triangle formation with technicals pointing north.
RSI in buy zone
Price testing major support area
USD Index oversold and in buy zone.
Wait for a daily bull candlestick close above triangle then enter the backside of the trendline towards 107.00.
I will be keeping my eye on this trade until we have a break before trading.
Good luck and let me know if there are any questions.
Charles V
CVFX Management
Trading made Simple
RSI in buy zone
Price testing major support area
USD Index oversold and in buy zone.
Wait for a daily bull candlestick close above triangle then enter the backside of the trendline towards 107.00.
I will be keeping my eye on this trade until we have a break before trading.
Good luck and let me know if there are any questions.
Charles V
CVFX Management
Trading made Simple
코멘트:
Support is holding, watch for a bull daily candle close above support.