OANDA:USDJPY   U.S. Dollar / Japanese Yen
Price is currently in an uptrend confirmed by the price trading over the 200Day SMA and the Ichimoku cloud .
1Hr candles have interested the cloud and now the price is starting to reverse.
1Hr Stochastic is showing the market is oversold and the signal lines are reversing to indicate a reversal of price.
5 & 8 Day SMA crossing, indicating confirmation of the reversal.

Entry: 105.419
SL: 105.222
TP1: 105.590
TP2: 105.693
Trade closed: target reached: Hit TP1

Would potentially look to close the trade now as the stochastic is indicating the market is now overbought and the Ichimoku is indicating there is soon to be a potential reversal


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