Usd/jpy Long Awaiting

price is going back up into resistance 109.996 region , where I expect a double top or a false breakout . If price move back down into the range, then I will be watching the support at 108.544 previous buy limit and 107.655 Jan 4th low as a good entry to go long . So far so good 108.544 is holding with trendline in play and a bullish engulfing candle, so a breakout a mini pullback into 109.996 turned support might be a best long entry , or further down 109.090 . let see .

Commentaire:

Still waiting for a break above resistance to go long , or a pullback down to support . to buy the dips .Patient . :)

Transaction en cours:

Long from 109.996

Trade fermée: cible de profit atteinte:

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