Possible long trade on the USDJPY (M15) Long

U.S. Dollar/Japanese YenFXCM

Description

⋅ Dec 27, 2016 12:36 PM

If price breaks through the top of Wave (i) could a nice long trade on Wave (iii).
R:R = 1
Placing a pending buy stop just above Wave (i) would be a good idea.

USDJPY