USDJPY: Moving in a BOX!

Traders:

Befor the UJ break the box, here is how we trade:

1. following the trend to get down to fibo 618-886. I prefer fibo886 100.547 where you can find a trendline support.

2.long UJ again when hitting the trendline support or close to the buyer zone.
This is the trade hoping up 106.

In the box, UJ is moving in the big WAVE 3 (red arrow) and samll wave 4( green arrow).
Usually, wave 5 can break the box and make a new trend.

Less is more!

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this two points are important for long trade.

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UJ getting close to the short trade entry.

עסקה פעילה:

entry at 104.033

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30pips now.

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60 pips

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short trader opportunity again.

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entry:104.2
90 pips now.