USDJPY buy trade idea 21 09 2021
BUY USDJPY 109.66
SL: 109.36
TP1: 109.86
TP2: 110.06
TP3: 110.26
Signal Analysis by LCMS Traders
Currency Pair: USDJPY
BUY USDJPY 109.66
Timeframe: H1
Step 1 - Previous News: USD: -, JPY: -
Step 2 - Trend: Across, Counter Trend
Step 3 - Support/Resistance: Bouncing Off Support
Step 4 - Indicators
- Bollinger Bands: touch
- MACD: both up
- Stochastic: H4 heading up
- PSAR: bullish
Step 5 - Upcoming News: USD: Housing data 2030hrs, JPY: Monetary Policy Statement tomorrow tentative timing
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