USDJPY D4: PT BULLS 111.50. IHS BULLS (NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. Tagged as LONG because I expect more gains.
🔸 Summary and potential trade setup ::: USDJPY 2days/candle chart review ::: updated/revised outlook ::: great progress since initiated coverage ::: +100 pips already running on BUY SIDE ::: speculative IHS BULLS in progress ::: mid-term target is 111.50 +350 pips ::: bulls maintain control / strong reversal ::: recommend to focus on buying dips now ::: recent low was cycle low for USDJPY ::: going forward we are GOING UP! ::: PT bulls is 111.50 which is also key S/R level ::: generally traders should look ::: to BUY any dips in this market ::: almost 350 pips upside from here ::: later with SL/TP levels ::: recommend to BUY/HOLD ::: recommended strategy: BUY/HOLD ::: good luck traders 🔸 Supply/Demand Zones ::: 106.00 fresh demand zone ::: 111.50 fresh supply zone 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment short-term: BULLS ::: Sentiment outlook mid-term: BULLS
RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.