BlackTygaTrades

USDJPY possible expansion

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen
After consolidating for some time, price eventually broke structure to the upside where it preceded to retrace halfway in(forming the second point of our much needed liquidity) before breaking structure again with momentum. With this price has established the necessary requirements for us to consider a buying opportunity to catch the expansion upwards since the pair has been moving in a bullish orderflow for some time now. An established demand zone below liquidity could be price's most discounted point, so an expansion off it is possibly probable.
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