here on USDJPY we just broke above an important daily structure level, the next level would be near to 114 flat. With that being the case, i want to be involved only in buying opportunities; recently in 1hr chart we had a good and after that price broke that to the upside, signaling also in this timeframe a tendency.
A 2618 is a technique developed by Jason Stapleton used after a or bottom broke to the upside or downside. After the broke we are going to wait for a . in order to hop on the trend.
Stops below lower low, first target at the retest of the highest close, second target for the long run.
If you have any comment, please do underneath.
Otherwise, see you in the next chart.
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