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Voldaddy61
Feb 24, 2017 7:03 AM

Potential Long USD/JPY Long

U.S. DOLLAR / JAPANESE YENICE

Description

Hello everyone ! I hope all is well with your trading ! USD/JPY appears to be in the a corrective move after a nice run up in price forming a pennant pattern at an area of support. My expectation is a continued move to the downside to retest support, then a reversal to the upside. I have an intermediate and long term setup. Risk to reward are 1;1.88, and 1:3.78. Good luck and good trading ! Thank you !
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