USDJPY - BULLISH OPPORTUNITY > BUY!

Hey traders and investors, this is a new viewpoint and belief on what will most likely happen to USDJPY this upcoming week - connect with this by reading it from start to finish and writing your thoughts in the comments if you agree.

- I'm aware that the price of USDJPY has gone up 2.42% in the last four days - since there was a support level that had a total of 7 bearish candle wicks touching it, which gave it the ultimate power and ability within itself to push the price up 295.5 pips from it. The price of this previous support level was set between $133.507 and $133.208

(THE STRATEGY BEHIND THIS BUY TRADE) - 4/30/2023
- Started with this recent bullish candle that I found, which has the 3 specific principles that I look for in a profitable bullish candle and a previous wick of 173 pips, which is greater than the last bullish previous wick (81) by 92 = a greater previous wick understanding that the greater the previous wick - the more effective and profitable the bullish candle becomes) combined with this new support level that has 12 bearish candle wicks touching it, which is more bearish candle wicks than the previous support level below it that was able to push the price up 295.5 pips from it HIT TP and protect the price from hitting a 3.5 pip stop loss below the 7th = GIVING this new support level the advantage and ultimately making it more effective and influential to push the price up 210.5 pips from my entry price HIT MY TP and protect the price from hitting my stop loss.

(GREATER CHART VIEW 🌅)


(MY BUY POSITION ON USDJPY)
The price of my take profit is set at $138.534 (210 pips)
The price of my stop loss is set at $135.913 (51.6 pips)
My entry price is $136.429
- RISK MANAGEMENT IS APPLIED ALWAYS ✅

- IF YOU FOUND THIS BENEFICIAL, YOU CAN SUPPORT WITH A LIKE/BOOST AND FOLLOW 💚
GOD BLESS YALL