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.
nice
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@xyme93, Thank you :)
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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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