USD/JPY SIMPLE 4H STRATEGY

USDJPY - LONG POSITION

Price crossed back above MA50
Broke main resistance line
Tested MA50 for support
Conformation candle has formed indicating buy signal on close (22:00 GMT)

SL: Below conformation candle (117.235)
TP: None set as of yet

Current Issues:
Low trading volume due to markets being closed worldwide (NY)
Japan Stock exchange closed 03/01
Direction could be false and due to electronic orders

1-2% capital risk and it won't matter either way.