Fxprotrader
Long

USDJPY Price at Support Level, We Watch for Longs

FX:USDJPY   U.S. Dollar/Japanese Yen
794 4 28
Price has reached the sliding parallel of an upsloping median line where previously we had strong support. The slope is pretty active so we start watching for a buy setup at the current level, aiming for the sliding parallel, below the quartile where price found good resistance several times before.
Good Entry seems to be at 112.57...What do you think???
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Fxprotrader IshanTripathi
@IshanTripathi, I don;t enter a market without a setup completion. I will wait for a setup, first and then will jump in. Otherwise, I will skip this..! Posting this idea I wanted to show a very good level of support :) Good luck..!
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nice
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@xyme93, Thank you :)
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