USDJPY buy trade idea 15 06 2021
BUY USDJPY 110.07
SL: 109.77
TP1: 110.27
TP2: 110.47
TP3: 110.67
Signal Analysis by LCMS Traders
Currency Pair: USDJPY
BUY USDJPY 110.07
Timeframe: H1
Step 1 - Previous News: USD: -, JPY: -
Step 2 - Trend: Up, Trend Following
Step 3 - Support/Resistance: Moving Towards Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both down
- Stochastic: H4 coming out from over bought
- PSAR: bearish
Step 5 - Upcoming News: USD: Retail sales 2030hrs, JPY: -
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