USD/JPY Price Action Analysis | The Next Major Uptrend

Dollar is showing strength against Japanese Yen. Even though it hasn’t broken out the Trading Range yet, the accumulation and the recent uptrend shows some sign of strength. A visit to the Demand OB shall provide the fuel for the next bull trend.

Entry: 108.1
SL: 106.9
TP-1: 109.9
TP-2: 110.9
TP-3: 112.4
R/R: 3.58

‪Please let me know if you have any suggestions or any ideas to add. I can also give you more detailed explanation for this specific trade setup.‬


‪The ideas published here are not financial advices. ‬

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