Yassine
Long

USDJPY REJECTION CANDLE + SUPPORT = LONG

FX:USDJPY   U.S. Dollar/Japanese Yen
188 5 6
For the targets I used, as usual, fib confluence with structure, really good method.
Comment: Take half profit and move SL to BE
Trade closed: target reached
I think you are spot on with this trade. How many days do you reckon this will take to play out?
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Yassine mujunaeem
I have no idea, but, as soon as we leave this area, I figure price will move quicker

snapshot
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You just may be right, great catch
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TradZ TradZ
Hard to say due to the fact of the Bearish Candle on the daily and I see mountain tops on most of the timeframes
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Yassine TradZ
Yeah it could break down, that's why I'm not entering just yet, I'll be looking for more bullish evidence such as an engulfing candle or double bottom on lower timeframes
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