U.S. Dollar / Japanese Yen
Long
Updated

USDJPY - Prepare for BUY! - Oversold - Momentum

Hi Traders!
As you can see this is a very good buy oppurtunity because we have many confirmation.
1.: For all price action and technical analysts of you:
The market is reaching a strong support and it has to test it.

2.: For all RSI-Indicator Traders:
The RSI tells us that the market is oversold.

3.: For all Momentum traders:
The MACD Histogram shows us a strong moment. When it touches the support it will bounce back.

We're seeing forward to buy this pair at 107.122 with a risk-to-reward of 1 to 2!


Thanks and good luck :)!
Trade active
Hi Traders! So, our trade is on now! We have a valid reversal pattern - the doji!
Let's see how it works!

Good luck!

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