Crypt0151

Time to catch the bounce

Long
Crypt0151 Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Great risk to reward ratio on this one, Approaching long term trend line. 200+ pips if this one plays out. Very Basic stuff, sometimes just because its basic and not all fancy indicators.

What's the old saying about always re visiting the gap.
Trade active:
This trade is playing out to perfection. At this point I will be moving my stop loss to 109.70. Securing 60+ pips profit and having a risk free trade running. things don't always go the way we want but when they do its important to secure profits and take them off the table.

Remember always prepare for both outcomes.

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