USD/JPY H4 - Temporary Long

Price has massively sold off these past few days. USDJPY now approaching previous support forming a double bottom. If we find a strong rejection from this support, we can look for temporary longs to the .382 fib retracement for ~40 pips. Let's wait for confirmation.

Entry: If price action allows, ~107.150
SL: 106.915
TP: 107.550
Double Top or BottomthetradingdistrictTrend AnalysisUSDJPYusdjpylong

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