#USDJPY Long for the Retest

Price is currently moving down after breaking out of the channel. Looking for a buying opportunity at the retest of structure. Wait for price to enter demand zone before setting a buy stop @111.209. Stop loss goes below previous low, and target is 30 pips for a risk/reward of 2.
buysetupDemand ZoneParallel Channelretest-structureSupply and DemandTrend Analysis

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