Good Day Everyone
Here's my idea on the USDJPY pair looking at two possible scenarios on the pair, looking to see if the descending channel holds or we will see a break above the channel and see a move to the upside, the pair is fairly close to my 200 MA so i will look for the channel to hold and see a move to the downside to go retest the structure unless we break the 200 MA and trade above it...
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ENTRY AND SL - FOLLOW YOUR RULES
RISK MANAGEMENT
PERIOD - SWING
TARGET 1 - 106.74
TARGET 2 - 106.142
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If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT