USDJPY - Daily - Well you just look at that...

FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
Nice bullish formation happening here with those three candles. And we held that bottom support line three days in a row.
Now then, I believe that we could see some good Buying activity if we break the SMA in the Bollinger Band to the upside and close above it. Also, a retracement to 38.2% level would be ideal... At least... Depending on the activity, I would even aim to 50% retracement . But you can be the judge for that.

Be careful and keep an eye on the price action!


Hi, i like your long term MA on graphs, mean reversion is good plan! Aciu uz idejas
@zabami, truputį penktadienį ne pagal planą, bet aš kolkas dar prisilaikau dar šios idėjos.
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