USD/JPY Long - Demand, Fib Support, Oversold, Morning Star

Long

U.S. Dollar / Japanese Yen (FX:USDJPY)

FX:USDJPY U.S. Dollar / Japanese Yen

usdjpy long fibonacciretracement oversold morningstar demandzone

Trading again today. This time I am going long on the USDJPY. Looking at a 4h chart there are several good signals. Shown on my chart we are in an area of Demand. Additionally we have 76.4% fibonnacii support, a morning star candle formation and are coming out of being oversold. My entry, sl and tp are marked. As always use your own discretion for placing your orders.

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