Go long a break above key resistance and Pivot high USDJPY
Action to Take: Go Long, enter buy at 110418 stop
Take Profit Level: TP1 110746, TP2 111173 Stop Loss Level: 110224
Additional Factors:
Timeframe: ~ 24 hours
Total Risk of Account Equity: 2% or less
Take Profit Level: TP1 110746, TP2 111173 Stop Loss Level: 110224
Additional Factors:
Timeframe: ~ 24 hours
Total Risk of Account Equity: 2% or less
Comment:
Profit Target 1 met. Raise stop loss to 110720 on remaining position
Trade closed: target reached:
After raising our stop to lock in profits our stop was hit, so we are out with approximate gains of 33 pips and 31 pips respectively.