After an upside impulse in the beginning of the year, the USDJPY began a sideways move.
We are now looking for a breakout opportunities, that will create another momentum.
In this case we are on the H1 chart and price is forming lower highs and equal level lows.
We expect to see a breakout of the trendline and previous high.
This could send price to the 109,70 level.
Another scenario is a break below support. If this happens,
then we suggest to wait for a retest and then look for the 108,15 level first.
We are now looking for a breakout opportunities, that will create another momentum.
In this case we are on the H1 chart and price is forming lower highs and equal level lows.
We expect to see a breakout of the trendline and previous high.
This could send price to the 109,70 level.
Another scenario is a break below support. If this happens,
then we suggest to wait for a retest and then look for the 108,15 level first.
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💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
