Remember our last idea on UJ?
We were waiting for a short trade opportunity which did not happen as wished.
USDJPY has made it pass the middle line of the channel and now it only a position that looks like a but still not confirmed as.
So right now we dont want to risk to short UJ .
We do love to follow the trend try to enter a long trade at position 2 or 4. It depends on what this pair will give.
Long trade is possible to 115
Less is more!
Additionally, RSI is also approaching support which supports our bullish bias.
Glad to see that we have the same bias for USDJPY