Drecocpt_

USDJPY unending consolidation.

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen
The USD/JPY has been consolidating for so long, displaying nice patterns for us to catch some few pips.

It is presently locked in a descending channel, and we are patiently waiting for a break above to act like a trigger to go long. Do your analysis and know your proper risk management. It is advisable to use 1-3% of your trading account to carry out a trade.
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