Fx_Trader_ViSa

USDJPY At Support of Channel Pattern For Long.

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY is trading in an ascending channel pattern, as there is a major event in the coming month so, the market may not be very good according to risk/rewards but according to chart patter analysis, we might see upside in USDJPY from the support level of channel pattern (as shown in chart). One can initiate a long trade with risk management and stop loss.

Thank You.

Comments

thanks for sharing, great work there! Here are my thoughts on it:
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@FXCM, thanks
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it seems to be breaking down... has it hit ur stoploss?
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Fx_Trader_ViSa ariefdharma111
@ariefdharma111,flexibility of trade reverse is not available on tradingview so i changed USDJPY long to short before SL got hit.... have you check my todays other idea .?? DO CHECK IT ..
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Fx_Trader_ViSa Fx_Trader_ViSa
+1 Reply
got the exact same idea 👍👍👍
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Fx_Trader_ViSa ariefdharma111
@ariefdharma111, oh that means we riding in same boat ..good luck to you..!
+1 Reply
view / opinions are welcome to discuss..!
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