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Buy USDJPY

by Saqib I, July 18, 2022

USD/JPY H4 vol/wav

by Saqib Iqbal July 18, 2022

2
Share

USD/JPY

|

Long

|

H4

Timeframe:

H4

Analysis Method:

vol/wav

Analysis:

The pair has found a bottom reversal and trying to close above the 20-period SMA. Good to go long if bar closes above the SMA. Pattern invalidates if runs below 137.70.

Trade Plan:

buy on close above 20-SMA

Risk Management:

1%

Things To Watch For:

20-SMA and 137.70

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