sell usdjy at 126.05 with 2 tp until 124.05
YEn is in free fall but get less power to go more up even it took 100 pips today
i think the target can be 130 but before that need to take a real breath like to 122.5 but i put only 124 to be sure because he is much overbought daily and weekly
have ùany space to go down,also investor may wanna take them profit
on this trade i go with just 1 lot and did not make stop loss coz i know max target before rejection cant be 130 ,but maybe 127.5 or 128 and if its the case,every 75 pips up more i will add 1 lot coz i have the bamance to can do..and so when he will back down my target can still or change dependt of the volatility
i will update my trade in time,i will try
also when it will rech target 1 and i will make a stop loss to 125.75 for at least got 30 pips gains in case he pullback up before reaching my target 2.
i think the target can be 130 but before that need to take a real breath like to 122.5 but i put only 124 to be sure because he is much overbought daily and weekly
have ùany space to go down,also investor may wanna take them profit
on this trade i go with just 1 lot and did not make stop loss coz i know max target before rejection cant be 130 ,but maybe 127.5 or 128 and if its the case,every 75 pips up more i will add 1 lot coz i have the bamance to can do..and so when he will back down my target can still or change dependt of the volatility
i will update my trade in time,i will try
also when it will rech target 1 and i will make a stop loss to 125.75 for at least got 30 pips gains in case he pullback up before reaching my target 2.
Trade closed: stop reached:
got stopped with a stop los made at 125.50 after it fall 100 pips ,so won only 45 pips around