USDJY 15m 50 sma breakout long
I am expecting price to eventually go long and come into this trade-able space. The 1H chart failed to progress the short trend and a higher low than the previous low was created. I have a buy stop @111.38 and my SL will be below the breakout candle or the 100 sma. My TP will be the 800 sma. Macd is reaching the 20 level and I expect it to turn up as price comes back to the 50 sma and then breaks it.
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