Therealaleech

USD/JPY - Hopping in like Double Dutch

Long
FX:USDJPY   Dollar Américain / Yen japonais
Setting up for a move either higher (preferable) or lower.

Daily EMA's are sideways and still bullish, 4 HR and 1 HR are sideways with a bearish slant.
BB on all three time frames are squeezing.
Stochastics on daily are headed lower, on 4 HR are headed lower and on 1 HR are headed higher.
ADX is headed lower on daily, higher on 4HR and higher on 1 HR; none over 40 yet.

Trigger is 120.258, stop is 119.047 and target is 123.436. {The trend is your friend}
Trigger is 117.304, stop is 119.047 and target is 114.5 ish (to trend line). - This one is a no go for me. Have to trade my plan.

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