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smak1200

Down-trend channel support bounce

Short
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
smak1200 Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis
2
0
trendanalysis
Strategy:Down-trend channel support bounce

RRR:2.4 to 5.5 :1

Trade time expectancy:TBD

Entry, SL, and TP justifications:Entry at LL/LC on 4hr - SL above recent structure high - L1 TP at midpnt - L2 TP at 1/3 ATR inside channel opposite

Notes:130k units - .5% Risk - TP L1 at target 1 and L2 at target 2 (close entry orders if hits SL)

Trade closed: stop reached
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