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FX618Analysis
Jan 18, 2023 12:09 PM

SWING TRADING: LONG USDJPY. TARGET 131.650 Long

U.S. Dollar/Japanese YenFXCM

Description

TRADE TYPE: INSTANT ENTRY
TRADE DIRECTION:LONG
TIMEFRAME: 4H
ENTRY PRICE: 129.000
STOP LOSS: 127.670
TAKE PROFIT: 131.650
RISK TO REWARD: >1:1

ANALYSIS: Price broke the supply zone comfortably and now shall look to aim towards the upcoming supply zone . stop loss ideally placed below swing low.

Follow this thread for any future updates regarding this specific trade.

CAUTION: Trading is a Probability Game and could wipe out your account if risk management and strategy is not followed properly. Cheers

Trade active

Trade closed: stop reached

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