USDJPY-Weekly Market Analysis-Apr22,Wk3

A simple analysis doesn't mean that the profit potential isn't great.

If you remembered what I said last year Oct2021 to buy USD, you would be laughing throughout the months.

Just from 4 March onwards, you would have earned more than 1200pips of pure profit at this time of the post.

Buying opportunity when the market hit the 1st trendline(with 2 arrows) will have an opportunity to be involved in the bull run aggressively.

If the market hit the 2nd trendline, movement will be slower, profit factor might be higher.

In trading, as the name suggests, there is always a trade-off, and so does in life.