Hi there fellow traders! USDJPY is looking pretty bullish for me. We have a third bonce off our (support) trend line as a shooting star. This comes in at our 78.6% fib level. I believe that the market is creating an ascending triangle and price is to go higher at this point. Let's see how it goes.
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Although market still pulled down, I am still very bullish on this pair. We may have a falling wedge forming on the 4h Chart for another opportunity to go long.
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