matt716

USDJPY 1H BUY IDEA

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
6
ujsdjpy is currently correcting by making a flag pattern in the 1h. could be the start of the bigger move up so worth buying. however i do not think this is all the correcting it will do, i am expecting price to come back down around the previous high to make a bigger corrective structure on the 4h before going up. I will post another chart if this happens. there is also the chance for another down move once the channel top is hit, which is when i will reevaluate the trade.
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