bestfarbit74

channel is our key element

Long
bestfarbit74 Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
price is moving into the channel right now and I expect this

pattern works for a while. whit this set up my first guess is that

price test the bottom line and bounce back, at this case my order

position would be long.

in the case of closing below the baseline or the channel, trend may

turn to bearish. so as long as price holds the channel it's bullish.

main support and resistant levels in both case are on the chart.




Enjoy the market
Trade closed: target reached:
our trade strategy completed.
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