Marenno

USDJPY Long entry

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
The pair has failed to break 121.158 level, and the price shous us a spinning bottom on 1h chart.

I suggest to buy with a stop loss below 121.10, target at 121.275
Timing stop is essential, as in case if the market participants will react on the current price action as on a triangle breakout, move down towards 120.750 is possible.

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