Plamen
Long

Bullish trend for now.

FX:USDJPY   U.S. Dollar/Japanese Yen
As the hours came down to end this week. There was a hammer that bounced off the 0 using Fibonacci. First indicator is the hammer which means change in direction with leading towards bullish . 2nd sign is my bottom trend line which shows that everything is trending bullish for now. 3rd sign is the hammer candle hit the 0 on the fibs which will shoot it up. I would recommend to buy and then take profit at 104.46. At the 104.46 level I would wait for further confirmation. If it passes my trend line and retests above it then I will buy, but if breaks out bearish it could take it down to the 102.8 levels.
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