USD/JPY Trading Analysis (02/06/2025)
Bears have tested the support level at 143.30. The downward wave structures are truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.
Trade idea:
- Buy when the ascending wave structure begins forming and wave A breaches the sloping channel of the descending truncated structure.
- Stop-loss …