It is clear that it is time to enter buy on USD JPY.
The idea is based on a simple strategy Moving average, that is described here www.liteforex.com/be...trategies/detail/57/
Trade on h1. According to my expectation the trend will turn around at the resistance level, so it is an idea to set take profit over there.
Also the stop loss shall be placed not higher than 119.400
Trade on h1. According to my expectation the trend will turn around at the resistance level, so it is an idea to set take profit over there.
Also the stop loss shall be placed not higher than 119.400