USDJPY Clean Bullish Price Action, Don't Miss the Setup

Hi everyone

USDJPY and other JPY pairs have been showing signs of weakness in JPY.

We can see from the higher time frame that price has already impulse up and out of the larger, correction.
It formed into a smaller continuation correction which is what we see here on the lower time frame.
(www.tradingview.com/x/lXwAy3FM/)

This is all good to see from a multi-time frame point of view. Both the HTF and LTF have same bias here.

To confirm the upside move, what I would wait for is price to push and impulse higher out of the current correctional structure,
and form smaller, LTF continuation correction to confirm the buy entry.

thank you

Yorum:

Higher Time Frame Outlook: