weiloon940718
Long

USDJPY : STILL PREFER TO BUY LOW

FX:USDJPY   U.S. Dollar/Japanese Yen
151 0 7
The price has rallied since 26 August 2016 and does not retrace much, since this is a strong rally, i an not interested to sell at high unless some bearish pattern appear. Instead, I am interested to buy low, first place I will consider is point C (if point B is not violated), where there is sharp retracement FIBO 0.382 and also structure support. I will only consider short term sell opportunity if this level is broken.
TRADE IDEA :
BUY AT NEAR 102.50
SL : 102.10
TP : 104.30, 106.85
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