USDJPY: Long and Short term perspective
The pair is close to the lower line in the daily chart. There are multiple indicators around that area showing a bounce is in order, 50% fib line, and the touch of the lower line in the 1H chart in the right. I'm already Short, with BE SL.
Will start a Long here and as we go lower towards the 50% and 1H lower line.
Will start a Long here and as we go lower towards the 50% and 1H lower line.