arkasha
Long

Once Again Point of Resistance

FX:USDJPY   U.S. Dollar/Japanese Yen
33 0 1
If the break occurs, more higher prices are coming! $121.78 is next pivot point and my profit target!
We can see a triangle forming, so if price peeks its way through the trend line , that's confirmation of higher prices, on the flipside, if it breaks the lower trend line , then must find more supporting factors for lower prices!
Price action has rebounded of Fibonacci entrancement 50%, price action has found perfect support at fib level 50%!
No where else to go but up!
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