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USDJPY MEDIUM TERM TRADING IDEA

Long
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
TradingTie Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
USDJPY jpy yen Forex forexspecs pending buys 3months riskreward
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usdjpy jpy yen forex forexspecs pending buys 3months riskreward
USDJPY - In the begining of April we expecting to drop till 109.00 area and after that after confirmation of uptrend to take off in next 2-3 months to 120.00 area. Trading idea is 70% technical and 30% fundamental. Risk-reward 1:5. There are big probabilites currency pair to get in range for a while in the end of April. Happy trading :)
Comment:
Trade floating over breakeven - its medium term note this - probably will hold trade over 3 months. Stop is big but also reward ratio will reward us well. Just hold and be patient about this trade.
Comment:
Trading idea perform well - profit is over 230 pips in this moment - waiting for more
Comment:
We booked our profits on possible range area and again we are long - same stops - same targets. Patience trading

ForexSpecs
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