USDJPY long scalp Idea: waiting for retrace on UJ

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USDJPY long scalp Idea: waiting for retrace on UJ

This pair has moved up a LOT recently.
Going long now is risky, but I think it has one more bounce left in it.
Trade idea uses the Monthly and Weekly pivots as support.

The ''Fib Zones'' (grey lines) mentioned above are form my periodic Support/Resistance analysis
USDJPY Fibonacci Support Resistance Zones: UJ as of Jul 1


If you are not familiar with 'Pivots' or what exactly I mean by them, check this Idea:
Guide to Pivot Points: one of TV's greatest free tools
Transakcja zamknięta: osiągnięto wyznaczony cel
Target hit but WITHOUT me :(
Oh well, at last the analysis was correct.
Next time the entry might present itself.
snapshot
FibonacciPivot PointsSupport and Resistance

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