On the daily time-frame the USDJPY rejected off a major support area. The USDJPY is trending up on the 1hr time-frame. We wait for pullback after breakout and enter trade on formation of reversal candlestick which this case it is a bullish harami.
We space out stop loss and let the trade run until we find a good exit signal.
We space out stop loss and let the trade run until we find a good exit signal.