USDJPY Long idea

Looking like the end of the rally now. With a decent retracement pending ( hopefully ).
There may be a short 50 pips on offer here.

Waiting on the next buy signal near 103.340 -102.840

If it plans out well I'll be targeting 200 pips

Kommentera:

'm using caution, rally looks very weak, short rally only. Low time frame trades .I'm expecting a swan dive. Buyers may be exhausted soon. Price action will identify the correct area, possible highwave reversal. No crystal ball, lets see what happens and be prepared to sell. Use whatever you like to identify the change.
Inspect weekly chart for structure. does 84.200's sound good ;)