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dewdew91

USDJPY long

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
dewdew91  
FX:USDJPY   U.S. Dollar / Japanese Yen
6
0
The pair is in a falling channel and has made a trend like move near the top.
It has moved above the cloud and I will be looking for a retracement.
The 38% retrace lines up with the cloud and could line up with the 100MA.
My entry will be price action confirmation off this point with a candle that closes in its top 25%.
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