lbrincat

USDJPY Bullish Bat 4hr Chart and 50% fib retracement on Daily

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Possible long on USDJPY good risk reward ratio 2.69. I am looking to go long if price breaks the 112.000 level and put my stop loss below previous swing low.

Price is also at a support on the Daily time frame and and a 50% fib retracement.

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