Check the Post below with the chart showing the details.
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Observe the support structure and potentials moves.
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Premium Post: USDJPY: Trading Plan For US Session
USDJPY is trading within an expanding wedge pattern.
Today the price formed a double bottom within that.
108.55 – 109.0 is a current narrow trading range.
Wait for its resistance breakout (4H candle close above)
and then buy on a retest.
First goal will be – 109.7
In case of a bearish breakout of a support of a range, setup will be invalid. [/s2If]
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