USD.JPY - Textbook Trade Opportunity

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Currency Pair: USD.JPY
Time Frame: Weekly, Daily, 4hr & 1hr
Predicted Direction: Long

USD.JPY updates will be available in the comments section below.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Nota
Stop loss has now been adjusted.
The 1hr 50EMA has been broken but I am still happy to hold given the 4hr structure support.
Chart PatternshallandcotradingTechnical IndicatorstomhallTrend AnalysisUSDJPY

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