USDJPY Long
Marked blue area proved to be a important zone where price reactions were pretty strong in the past. Last few days market is creating higher lows. The green circle I marked is showing accumulation phase followed by strong momentum breakout from 170 zone, showing high buying interest. Currently there is a price pullback back to 107 to the origin of the last buyers/sellers imbalance. Daily/weekly TF also looks like promising uptrend with a plenty of space for price growth.
Entry: 107 buy limit or now for market price
SL: 106.500
PT: 108.500
RRR: 1:3
Entry: 107 buy limit or now for market price
SL: 106.500
PT: 108.500
RRR: 1:3
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