USDJPY Bottom of Bullish Megaphone. Long-term buy.
USDJPY is on the MA200 (1d) on top of the Rising Support Zone.
That is the bottom layer of the long term Bullish Megaphone pattern, a very strong rebound range.
Trading Plan:
1. Buy on the current market price and as long as the price stays on the Support Zone.
Targets:
1. 151.980 (Resistance 1, the previous High).
Tips:
1. The RSI (1d) has formed a Double Bottom exactly on the oversold 30.00 level. An additional strong buy signal.
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Notes:
Past trading plan:
That is the bottom layer of the long term Bullish Megaphone pattern, a very strong rebound range.
Trading Plan:
1. Buy on the current market price and as long as the price stays on the Support Zone.
Targets:
1. 151.980 (Resistance 1, the previous High).
Tips:
1. The RSI (1d) has formed a Double Bottom exactly on the oversold 30.00 level. An additional strong buy signal.
Please like, follow and comment!!
Notes:
Past trading plan:
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