FX:USDJPY   U.S. Dollar / Japanese Yen

Long trade
Pair can breakout long on 1H resistance level of 112.39 for long entry
4H resistance levels at 112.73 & 113.09 as TP

Short trade
Pair can fail long move
You find entry short on 15m
1st take profit ar Yel Res. line of 112.13
2nd TP at 61.8% fib at 111.88
3rd TP at 50% fib at 111.50





Come learn a new trading strategy at tradingstrategyguides.com?utm_source=tradingview

Our free Telegram channel: t.me/TradingStrategyGuides
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.