Hello everyone,
I see a beautiful movement from USD/JPY chart here.
The price retest the resistance very clearly and we know what we have to do here.
Entry price: 111.300
SL: 110.200
TP1: 113.790
TP2: 115.905
Because it is daily chart, I think it will last 1-2 weeks.
Take 3/4 of your profit when the price hits TP1. I see a strong resistance at 114.250, therefore I think it's hard to hit TP2 but we can try it.
Good luck and thanks for reading my prediction,
S1mpleTrader.
I see a beautiful movement from USD/JPY chart here.
The price retest the resistance very clearly and we know what we have to do here.
Entry price: 111.300
SL: 110.200
TP1: 113.790
TP2: 115.905
Because it is daily chart, I think it will last 1-2 weeks.
Take 3/4 of your profit when the price hits TP1. I see a strong resistance at 114.250, therefore I think it's hard to hit TP2 but we can try it.
Good luck and thanks for reading my prediction,
S1mpleTrader.
Trade active:
stay calm, guys. USDJPY price is sideway.
I think it will take 3-4 days before it go up.
I think it will take 3-4 days before it go up.
Trade closed: stop reached