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AdamHong

USDJPY:Bullish 2618 Trade

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
AdamHong Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY 2618 Trade
5
0
usdjpy 2618tradesetup
The market has borken through the starting point of last drop and the double bottom has formed.
Meanwhile the market is pulling back the the previous structure which is also the 0.618RET of the previous rise.
So it is good to buy at about 112.2 levels when price action gives the signal in the PRZ.
SL:below 111.9
TP1:112.8
TP2:113.0
TP3:113.4 and further more
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