Fxprotrader

USDJPY: It Doesn't Get Any Better Than That...

Long
Fxprotrader Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Price has been rejected from the lower parallel of a upsloping median line with an active slope at a level where we also have a fibonacci cluster (0.618 retracement of previous upmove and ab=cd) and previous structure. I believe we have more than enough to go long at current level with sl and tp as shown at the chart.
Comment:
Price has retraced a little further and is now testing the slide parallel of the median line. For those who trade harmonics we have a bullish cypher completion at the parallel. You may still go long..!
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