Get started
peterbokma

USDJPY-BUY strategy

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
peterbokma  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis usdjpybuy
3
0
trendanalysis usdjpybuy
We are slowly breaking through the channel resistance and I feel 129.50-130.25 is possible.
The stochastic is positive, and we have been basing well.

For now BUY @ 127.70-128.05 and place stop-loss below 126.87 and place profit order around 130.25 for now to make it a worthwhile proposal. Loss-reward strategy.
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.