harryexe

Long usdjpy breakout

Long
harryexe Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
3
I've already entered in M15 on the breakout but more opportunities to join the trend on a pullback. Watch out for FOMC meeting next week in the case they didn't change interest rate. With a change to 0.25% there might still be some sell off in usd but downside should be limited. 3% risk here and target is chosen to be closed before FOMC
Trade active
Comment:
Was mistaken, this trade will take a few weeks to complete. Next immediate resistance is 115.9 and it should reach there before FOMC. Further trade management will be done after FOMC
Comment:
First tp hit at 116.00 awaiting pull back for further entry
Trade closed: stop reached
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.