Yuriy_Bishko

USD/JPY Trading Plan

Long
Yuriy_Bishko Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
I think about Long position after pullback to Mirror level 111.13, because:

1. Long — Term trend is bullish.
2. US Dollar increase it's price against Major currencies (EUR, CHF, CAD, AUD)
3. Near that level (111.13) will be low risk and potential profit in 5 – 7 times bigger than a risk.
4. Goal will be 11 month maximum 114.74


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Comment:
Price is near key level. I wait for fake break of 113.13
Comment:
Price Hit key level. I wait for fake broke
Comment:
D1 candle closed upper key level

I opened a Long position

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