Anticipation of a BULLISH Movement of the USDJPY pair.

As demonstrated, this pair has reached to the bottom of the Daily Trend Line and has slightly broken through. When looking at the 4hr time frame, it is noticed that the pair is very considerably oversold on RSI. Instant entry or possibly wait for the market to reach support.

Trade stängt: målet nått:

150+ Pips caught. Current Market seems to be consolidating. I think its time to anticipate a SELL for the pair as it is also considerably high on RSI.