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yanxhang

A Short Term Trade Idea on USDJPY, Be Ready to Long or Short

U.S. Dollar / Japanese Yen (FX:USDJPY)  
yanxhang  
FX:USDJPY   U.S. Dollar / Japanese Yen
1
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Be ready to buy or sell once you see
USDJPY break the channel
set your stop loss at the trend line.

Take half of your profit once it reach to 4:1 risk reward ratio.
Trail the other half. The break out may happen on Aug 23th.

Be aware there are supports and resistances on each side.
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