Phenlx
Long

Trade Set Up USD/JPY Long on H1

FX:USDJPY   U.S. Dollar/Japanese Yen
88 0 5
Hey there,

I am anticipating the the break of former high at 121.11. On H1 it is still an anti cyclic set up (lower highs in blue trend channel). Risk is calculated hence I do not care about the falling knife theory.


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M5 looks good so far
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getting even more beautiful.
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Now I feel safe. A Risk free trade is enabled due to the shift of SL.
Let´s see how far this pair goes. I will keep you updated :-)
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