Get started
bigwashing87

USDJPY reversal situation

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
bigwashing87  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns buyusd buyusdjpy longusd longusdjpy usdbuy usdlong usdjpybuy usdjpylong
2
0
trendanalysis chartpattern buyusd buyusdjpy longusd longusdjpy usdbuy usdlong usdjpybuy usdjpylong
I recommend BUY USDJPY at 110.42 because I see breakout sell channel at m5 timeframe.

StopLoss is small, but potential TP is very good. So you can use good volume to try catch good profit

SL 110.28
TP 111.49
RRR - 8.4 to 1 risk
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.