PateSkpate
Long

USDJPY 60min Bullish TCT

FX:USDJPY   U.S. Dollar/Japanese Yen
USDJPY             is coming off of a Major Support Level . I'm looking to buy a pullback in anticipation of the market correction.

It has broken and closed above previous resistance and if it can pullback into my reversal area I will look to enter long. I will have to enter long at or below the Purple Line which represents a 1 to 1 Risk to Reward.

Stops - 1 ATR Below the Reversal Zone

Target #1 - Retest of Highs

Target #2 - 1.27% Fib Extension plus Structure (Previous Resistance). Once could also look to Target the completions of the ABCD Pattern for Target #2's
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