GoodLuckbabe
Long

BUYING THE BREAK OUT IS GOOD IDEA

FX:USDJPY   U.S. Dollar/Japanese Yen
193 1 12
ALTHOUGH BUYING IN THE CORRECTIVE STRUCTURE IS ALSO GOOD IDEA AS WE ARE IN THE CORRECTIVE STRUCTURE AND WE CAN BUY UNTIL WE BREAK THE STRUCTURE TOWARD UP SIDE I DONT THINK THERE IS ANY DOWNSIDE BREAK DOWN OF THIS STRUCTURE BECAUSE MULTIPLE BULLISH SIGNALS ARE PLAYING OUT THERE LIKE PRICE DOES NOT CLOSE BELOW THE CANDLE STICK PIN BAR , PRICE HAS BREAK OUT THE CHANNEL ON LOWER DEGREE TIME FRAME, MACD IS SHOWING VERY STRONG BUYING SIGNAL AND MORE EASING IS COMING FROM THE BOJ AND INTEREST RATE HIKE IS ALSO THERE IN 2016 BY FED AND WHICH SHOWS TO ME BOTH FED AND BOJ ARE ON OPPOSITE DIRECTION WHICH IS GOOD SIGN FOR LONG TERM BUYING ON USDJPY             PAIR
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