USDJPY trade decision

Zaktualizowano
Price stalled near support and closed above it, Daily is oversold and a bounce may be possible before continuing downwards any further. I would take a long position on USDJPY only if i see bullish price action in H1 and the break of the range in H1 to the upside.
Uwaga
It is a counter trend trade decision so proper risk management and stop placement is extremely necessary.
Chart PatternsSupport and ResistanceTrend Analysis

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