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USDJPY LONG 108.495

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Charts247TradingAcademy Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis USDJPY usdjpylong usdjpyanalysis usdjpybuy Technical Analysis pricebehaviour
5
0
trendanalysis chartpattern waveanalysis usdjpy usdjpylong usdjpyanalysis usdjpybuy technicalanalysis pricebehaviour

Price made a low of 108.428 on the 4th Dec. and then rallied making 3 consecutive HH's before retracing back to the current low of 108.43 . 108.495 is the Low of Friday, this stands as our preferred Buying price in the USDJPY.
A trade back above the 108.495 will trigger our long entry position, and the stop loss will be below 108.40.
Our Target is 109.35.
Trade active:
Comment:
108.64 Stands as the next barrier. above it we should see 109.28
snapshot
Trade closed manually:
For those following this usdjpy trade, Long closed at 108.74. SHort Opened. Failure reversal
snapshot
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