newbie2016

USDJPY Long Setup in Bearish Trend..!!!!! Long Term

Long
newbie2016 Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Details on chart.
Comment:
If usdpy takes out 109.7 then new downtrend will be resumed for fall towards 105.5 and 101.
Comment:
Market reverse from big figures and market drops from big figures.. So i think we should respect big figures by taking risk..!!!

This deal is all about counter trend as I like to go counter trend from big figures.. Usdcad reveresed from big figures and I am expecting usdjpy to follow as well.. but risk is there.. but comparing to loss.. risk reward is very good..!!!
Comment:
Spike from old support of 109.8 of almost 60 pips.. but usdjpy reversing back.. a bad sign..!!!!!
Comment:
Stopped Out!
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