USDJPY: Pending Sell Setup At Median Line

FX:USDJPY   U.S. Dollar / Japanese Yen
940 2 23
In my previous USDJPY             idea i described that price has broken above a long term dowtrend and we should expect a pullback before going long. Looking at the chart we have a good opportunity to get involved in this pullback with price being rejected for the median line of a modified schiff pitchfork . Entry point and sl as shown at the chart. No specific tp, when price reaches the lower parallel of the modified fork we take our profits.
Trade active
Nice, thanks for sharing!
Fxprotrader sftrading
You are welcome
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