MarlyForex
Long

USDJPY - OUTLOOK

FX:USDJPY   U.S. Dollar/Japanese Yen
268 0 10
8 months ago
Price has declined since mid last year but seems to be stalling on the 61.8 and past resistance, which now seems to be turning into solid support.

A Long position from here on a smaller time frame would be good. As we are in a descending triangle with firm/rejecting support which states the obvious with bull momentum price will look to retest the upper line.

A long position may look something like this:

Feedback Appreciated :)
8 months ago
Trade closed manually
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