piphunters

USDJPY: Simple long setup

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
28
The pair is in a new uptrend and a break out of the current smaller degree correction is a buying opportunity.

IMPORTANT: The setups posted here are not trade calls or signals and are intended for informative purpose only and you should use your own strategy to determine entries and exits. They reflect my general view of the market and does not mean you should take the trades without a proper trading plan or strategy, If you would like to get all my setups together with exact entries and exits with please visit www.thepiphunter.com and subscribe.
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