USDJPY | COULD BE A GOOD BUY BUT NOT YET
Hello Traders,
So USDJPY looks pretty good, but it's not yet a completed setup, we need to wait for a break off 25-50 moving averages, preferably with a bullish engulfing candle to then enter and attempt to re-test our previous top for a good risk-reward.
This trade will require a little patience, but I would keep it on my watch list, if however its broken towards the downside, ill post another setup. :)
So USDJPY looks pretty good, but it's not yet a completed setup, we need to wait for a break off 25-50 moving averages, preferably with a bullish engulfing candle to then enter and attempt to re-test our previous top for a good risk-reward.
This trade will require a little patience, but I would keep it on my watch list, if however its broken towards the downside, ill post another setup. :)