Hello Traders!
USDJPY looks bullish. Based on my analysis I am looking to go in with a buy stop now.
Break and retest of the level with the white line.
Market-: 107.710
Stop-Loss: 107.640
Take-Profit: 108.00
Stop-Loss: 7 pips
Risk: 1%
Risk-Reward: 4.14
What do you think?
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USDJPY looks bullish. Based on my analysis I am looking to go in with a buy stop now.
Break and retest of the level with the white line.
Market-: 107.710
Stop-Loss: 107.640
Take-Profit: 108.00
Stop-Loss: 7 pips
Risk: 1%
Risk-Reward: 4.14
What do you think?
Thank you for checking my idea out. Do not forget to Like, Comment and Follow for more ideas.
Comment:
Buy stop not triggered. DXY (Dollar index is selling meaning weakness for the dollar) I will remove the buy stop for now until further confirmation.