JaceFX

USDJPY Trade Analysis for Long Position

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY Trade Analysis for Long Position

After price consolidation for almost 2 weeks since 15th June 2020
we are waiting patiently for the price to break out from the consolidation
Price break above the consolidation stage on 29th June.

Look for price pull back and enter long position

Buy Limit 107.305
SL 106.805
TP 1 107.505
TP 2 107.805
TP 3 108.305

*Please apply your own risk management skill
*Risk no more than 1% of your trading capital
*Please choos the take profit point best suit your trading portfolio
*Always trail your profit
*Apply BEP to protect your capital
If the pending order didnt get filled, we will delete the pending order

Disclaimer
The content on this trade analysis is subject to change at any time without notice.
Any information provided here is only the personal opinion of the author.
This information is intended for educational purposes.
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