disaresta
Long

Looking for Buying reason in lower timeframes

FX:USDJPY   U.S. Dollar/Japanese Yen
36 1 1
If the bottom horizontal line holds then I will look for buying reasons in the lower time frames.
Comment: Arrived at the first trend line intersection (dashed and solid line).. Still waiting for buying reasons
Order cancelled: No long trade.....
103.468 is the last reversal point at the second intersection of the trend line (2 solid line). Below that there will be no valid reason to go long
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