USDJPY is approaching a rising trend line on a daily. The price formed a double bottom pattern on that on an hourly time frame.
To buy with a confirmation, wait for a bullish breakout of its horizontal neckline. We need an hourly candle close above 146.8. A bullish continuation will be expected to 147.4 level then.
If the price sets a new lower low on an hourly, the setup will become invalid.
❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.