StephenAdeniken

Awaiting USDJPY BUY Signal

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen
The USDJPY is on an uptrend on the 4hr time-frame. On the 1hr time-frame the USDJPY broke the precious resistance, I being a trend trader, place trades on pullbacks after breakouts. My signal for entering a trade is the formation of reversal candle-stick pattern. Soon as price gives the formation of a bullish candle-stick pattern I will enter in for a buy trade.

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