D_Market_Outlook

Bullish USDJPY

Long
D_Market_Outlook Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
1. Good RR
2. Broke Structure
3. Would have preferred emas to be fully in line but price action shows good strong break above 200 EMA
4. Broke triangle trendline
5. Hourly chart shows bullish Pins
6. TDI and RSI looking good towards the bullish side.
Comment:
Demand zone seems to be holding well, candle close on this 4 hourly will be an important one
Comment:
Manage your positions, took 25% off as prices hit some intermediate resistance
Trade closed: target reached:
Took out most of the position, You can leave some in with stop loss at entry price for a risk free trade.
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