FX_IDC:USDJPY   US DOLLAR / YEN
10 0 0
1/26/2016 Monday
Currency pair: USDJPY            
Entry Order: Buy Stop @ 118.39 - 3:1
SL: 117.79
TP: 120.19

Analysis:
-weekly formed piercing line candle
-4h broke out of countertrend line
-4h retest of counter trend
-retest of weekly pivot
-triple bottom reversal pattern
-support at 116.50
-4h MACD divergence

After seeing the pair break through
weekly trendline, it looks to retest it
and also the 50 and .618 retracement.

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