forextamil
Short

USDJPY: SATURATION POINT OPENS A SMALL TRADE-BEARISH.

FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
Hello traders,

The USDJPY pair opens a chance for a small trade. Even this pair seems to be losing its bullish momentum.

In 4 hr time-frame, the chart printing the candles at 110.869.

At 111.394, the market formed an impulse and reversed the trend. This point also considers as Trend resistance (saturation point).

After that, the chart printed the price momentum as a correction for the impulse.

For a long while, the price range stucks in a saturation zone and struggling to get out.

So, I’m expecting a pullback to the down. A break down yet to happen inside the correction formation.

The fall may up-to this price 110.020.

If the pullback or break down won’t appear means, end the trade at 111.340

Have a close look at the chart, watch the move and decide your trade.

SIGNAL SPECIFICATION:

Pair: USDJPY

Order: SELL

Entry: 110.869

Take profit: 110.020

Stop loss: 111.340

Risk Vs Reward: 1.8
---------------------------------------------------------------------------------------------------
Our Unique Features:

1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.

Note: Everything works with Best money management.

Note: Please leave comments for any query.

Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.

Best
Forextamil
----------------------------------------------------------------------------------------

If you find it useful, hit the like and comment.
follow our updates for more profitable trades.
Jul 04
Trade active: As i mentioned, saturation zone opened the gate for a small trade.

The chart forming the candles in predicted form. 47 PIPS DOWN


HAPPY TRADING.
Jul 11
Trade closed: stop reached

Related Ideas

i think its SL hit.BTW its have any chance to go down bro? @forextamil
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out