USDJPY: It Doesn't Get Any Better Than That...

Price has been rejected from the lower parallel of a upsloping median line with an active slope at a level where we also have a fibonacci cluster (0.618 retracement of previous upmove and ab=cd) and previous structure. I believe we have more than enough to go long at current level with sl and tp as shown at the chart.

Kommentera:

Price has retraced a little further and is now testing the slide parallel of the median line. For those who trade harmonics we have a bullish cypher completion at the parallel. You may still go long..!