ttdnabull

$USDJPY school example long/short excellent RR trade opportunity

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen
USDJPY is strongly supported by the 111.300-11.500 zone. Going long first against the 111.100 level targeting 113 is a good trading strategy. If you will be stopped reversing for a huge potential short trade. Cheers!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.