IQ
Long

USDJPY Long Opportunity!

IQ  
FX:USDJPY   U.S. Dollar / Japanese Yen
Hello traders! At this moment USDJPY had a strong rejection from the bottom of the daily channel - 105.35 level. You need to remember that USDJPY is in a corrective structure right now. The correction may be over. Short term target will be inside the channel. We need to see how the price will behave inside this structure. If the price will not rise aggressively up to the top of the daily channel - blue dotted line, then it's possible another down move. Be patient and wait to see how price action develops. Don't jump into the first green candle. We need a STRONG breakout of this structure to confirm the long opportunity. Follow me for future updates. TRADE WITH NO EMOTIONS!
Trade closed: target reached: Good trade. Wait for a corrective structure before continue the long move.
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