FxcInvesting
Short

USD/JPY daily pinbar

FX:USDJPY   U.S. Dollar/Japanese Yen
Type : Market Execution
Date : 21.5.2016
Time : 19:20 GMT             +1
Technical : Daily Strong Old Resistance Trend line & Daily Pinbar & Retrace back to BRN             110.00 or lower & Hidden Divergence on H1
Pair : USDJPY            
Timeframe : DAILY
Trade setup : SHORT
Entry at : 110.212 ( 8 pips left ), ( entry on sunday, after the spread will be normal around 1 pip ), ( if will be a upsters gap on sunday, entry in market direct )
Take profit 1 : 109.356 ( 85 pips )
Take profit 2 : 107.779 ( 242 pips )
Take profit 3 : 105.727 ( 450 pips )
Stop loss : 110.630 ( 40 pips )
Risk reward : TP1 = 1:2,2 TP2 = 1:6 TP3 = 1:11
Our risk : Retrace entry on PA pattern = 0.7% risk of all capital
Setup info : When the take profit one will be hitting, move stop loss to BE ( break even ), and after the take profit two will hit move stop loss to take profit one.
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
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