Tradeplicity

USDJPY upside potential

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
2
We have had a ABCDE move within a bigger ABC move. We are playing the odds of a C wave formation. Price has also retraced back into the 0.618 and 0.764 Fibo level.
Trade plan:
At 1:1 we move to breakeven
If C move plays out, we will add to position at consolidation periods.

Good Luck and Plan your trade and Trade your plan no matter what your strategy or style of trading.

-Tradeplicity
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