Tuesday, February 21, 2023

USDJPY Potential for Bullish Rise to 23.6% Fibonacci Line

To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.TitleUSDJPY, H4 | Potential for Bullish Rise TypeBullish Rise Preference:Looking at the H4 chart, my overall bias for USDJPY is bullish as the current price is crossing the Ichimoku Cloud. Looking for pullback buy entry at 131.622 where the overlap support is, and take profit is at 137.9 where the previous swing high is.

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/usdjpy-potential-for-bullish-rise-to-23-6-fibonacci-line
via IFTTT

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Don’t count resources out

Commodities have performed poorly over the past year, but they tend to move in long and volatile cycles. from Moneyweek RSS Feed https://m...