USDJPY has offered us a great opportunity to trade long or shall I say invest. This could be a trade that could last up to 30 days. We are at the exhaustion of a wave and might see the small uptrend break out tonight or in few nights to come. If the daily uptrend breaks we will be looking to enter Short at an entry point and have two Take Profits. TP 1. = 104.68 TP 2. = 100.5
Happy Trend Trading. See you soon. Please check my previous analysis and comment on them.