Potential Long opportunity for UsdJpy???

The UsdJpy break and closed above the trend-line resistance on 28th of March.

The price has retraced since then and retested the trend-line which act as a support now. The UsdYen got pushed higher yesterday but it did not provide me with a good signal to go Long.

Fortunately, the UsdYen dropped again just now and a well-defined Pin bar can be spotted on the 4hr chart for a potential Long entry.

My position :

Entry : 106.30
SL : 105.40
TP : 107.65


*** This information is NOT a recommendation to buy or sell. It is to be used for educational purposes ONLY. ***
*** I will accept no responsibility for any losses you may incur. Do not invest more than you can afford to lose. ***

Comentarios:

P/S : This setup is also anticipating the right Shoulder (Head & Shoulder) pattern to form.

Comentarios:

Moved my Stop to breakeven. Zero stress now. Good luck to all!

Operación cerrada manualmente:

Dollar news is coming out in few hours time.

I am up with nice profit and I have no mean giving it back just because trying to squeeze another 25 pips of profit.

Closed my DollarYen trade manually for a nice 1.25r

Month to date performance
2.75r

GbpCad (+1.5r)
UsdJpy (+1.25r)