Going Long on USDJPY
The currency show strong bounce back from C (from ABCD harmonics pattern) retracement level of 0.49. Combine that with formation of higher lows and strong bullish candlestick momentum, a good entry point is seen.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.