USDJPY - Get In On This Massive Swing ðŸ˜ą

4998
USDJPY is approaching a key level for reversal. We have the convergence point between the parallel channel and the ascending correction. By using this, we can keep a really tight SL and get a great RR for a swing trade.

Trade Idea:
- Watch for bearish price action at the convergence zone indicated in the chart
- Risk entry on rejection, Safe entry on break of red ascending trendline
- First TP would be the ascending correction support (380pips)
- Second TP would be a swing TP at the parallel channel support (1000pips)

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Goodluck and as always, trade safe!
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BOOM!

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