UJ since your TP is 50 pips and your SL is 15 pips, your risk to gain ratio may set you for failure. Plus the pair is bullish at the moment therefore any pullback typically would not exceed the Fib retracement level of 50% and your TP is 118.4 which is greater than 50%. 32% would be better. I believe shorting at 120 would be a safer bet. Good Luck
jhakas
⋅
dear this is not todays chart... i was stopped out yesterday with 1 pip and uj then later went to hit my target 118.4.
For long term.. i am holding bullish view.. i trade setups both buy and sell.. check this chart..