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Qespada
Apr 25, 2022 3:09 AM

USD/JPY 1h - Potential Buy Setup Long

U.S. Dollar/Japanese YenFXCM

Description

Potential Buy Setup on 1h timeframe after secret pattern was formed. Trade at your own risk. All trade based on Technical Analysis and Secret Pattern only.

127.773 - Sharp Entry
127.899 - 75% Entry
128.025 - 50% Entry
128.281- Early Entry

Buy Zone 128.281 - 127.773
Suitable SL : 50pips
Suitable TP 1:2 Risk Reward: 100pips

Note: This trade is Low Risk. But it is recommended to entry when the price reach below 50% Entry level because of Early Entry stop loss is around Sharp Entry level. Set break even if planning to hold position. It is possible for the price to reach 131.270 in the long run but this is just a probability.

Trade closed manually

Close trade as the price able to break the buy zone. Look for sell opportunities.
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