Dollar/Yen Long broken resistance and trendline

I've been in this trade since 102.850 when we got a confirmed trendline break/double top (or triple, depending on your definition) situation. I hope to ride this into the next price level at 106.856. You can still get in, as the 104.081 level was broken only recently. I'll probably be placing my stop @ 106.496, a few ticks short of the headline 106.5 number.

Kommentera:

I've adjusted my profit target downward slightly to ~ 350 pips - stop loss moved to 104.000