oakman

USDJPY 15m Chart

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
5
Sellers may be exhausted now. If so, we should see a pull upwards with strength. Good risk reward ratio on this trade setup. Don't forget to move stop to break even when price hits the red line on chart. Protect yourself. This should be a strong sustained move, so keeping a stop tight on this one. If not so strong a move, then we want out without much damage.
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.