USDJPY : STILL PREFER TO BUY LOW
The price has rallied since 26 August 2016 and does not retrace much, since this is a strong rally, i an not interested to sell at high unless some bearish pattern appear. Instead, I am interested to buy low, first place I will consider is point C (if point B is not violated), where there is sharp retracement FIBO 0.382 and also structure support. I will only consider short term sell opportunity if this level is broken.
TRADE IDEA :
BUY AT NEAR 102.50
SL : 102.10
TP : 104.30, 106.85
TRADE IDEA :
BUY AT NEAR 102.50
SL : 102.10
TP : 104.30, 106.85
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.