USDJPY MONTHLY COMPRESSION
2020-03-08 18:40:49
From the monthly chart we can see that USDJPY making compression pattern.
The candlestick going to reach double bullish engulfing monthly which is strong support zone.
Suggestion
Pending order buy 103.500-103.400
Stop loss 99.319
Take profit 112.392
Take profit 120.210
Please filter your entry based on daily candlestick and weekly for sharp and safe entry.
Not suitable for short time trading and small equity trading.