champforex

USDJPY long idea

Long
champforex Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
This will be a nice long trade if it sets up , stop loss zone near fibs 0.382 and 0.5 area.
Will watch price action around that area for valid entry reasons for a nice long towards 106.00 area.
If price breaks fib 0.618 and my trend line , i will change my bias to shorts till then its Bullish for me.

What do you think ???

Trade safe

If you like the idea please hit the like tab and follow me .
Comment:
SL AT BE
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.