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USDJPY | COULD BE A GOOD BUY BUT NOT YET

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
FX-TradingLions  
FX:USDJPY   U.S. Dollar / Japanese Yen
Technical Indicators Trend Analysis Fundamental Analysis USDJPY USD jpy trading IDEA ideas signal signals
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indicator trendanalysis fundamental usdjpy usd jpy trading idea ideas signal signals
Hello Traders,

So USDJPY looks pretty good, but it's not yet a completed setup, we need to wait for a break off 25-50 moving averages, preferably with a bullish engulfing candle to then enter and attempt to re-test our previous top for a good risk-reward.

This trade will require a little patience, but I would keep it on my watch list, if however its broken towards the downside, ill post another setup. :)
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