USDJPY - H4, look out for buy on support - trade set up

H4 on USDJPY is showing on a support level and we may see a bounce from these levels, one can buy on bounce.

Also, look for RSI moving / starting to move upwards from the Green zone that It currently is placed. IF RSI breached the green Zone, expect price to have a downward bias , where you should then go short!

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Kommentera:

As expected up, the price has bounced off the support level/ zone that was created

Kommentera:

Price again on earlier support levels...where it previously bounced off. Look out for a quick trading opportunity

Kommentera:

Price on daily chart has formed a double bottom on daily charts and has shown signal of positive upward movement on h4 chart