USDJPY - Potential Bullish Reversal!

2022年12月16日

Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.

on MONTHLY: Left Chart
USDJPY is sitting around a demand zone in blue so we will be looking for buy setups on lower timeframes.

on H4: Right Chart
For the bulls to take over, we need a momentum candle close above the orange neckline.

Meanwhile, until the buy is activated, USDJPY can still trade lower.

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich