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USDJPY TRADING PLAN

Long
Dollar Américain / Yen japonais (FX:USDJPY)  
VasilyTrader  
FX:USDJPY   Dollar Américain / Yen japonais
Trend Analysis Chart Patterns Technical Indicators Forex forexsignals forextrading Technical Analysis alert forecast dollar yen yenpairs
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snapshot

USDJPY is currently testing 109.5 structure support level.

taking into account the formation of a double bottom pattern
+ clear RSI divergence the market has the potential to pull back up!

our plan is:
if bulls break 110.0 resistance level.
most likely the market will go higher and reach at least 110.5 level.
so we wait for a bullish breakout and then buy the market




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