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Chibuike_Odoh
28 jan 2021 07:52

USDJPY - POTENTIAL BREAKOUT  Lång

U.S. Dollar/Japanese YenFXCM

Beskrivning

ANALYSIS 🔎
- USDJPY brokeout above the falling wedge resistance as expected from my previous analysis.
- RSI is printing a bullish divergence signal.
- Price action is printing an ascending triangle pattern.
- There's an upward breakout potential.

BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.

TARGETS 🎯
- Horizontal resistance levels (R1, R2).

SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
Mer