USDJPY Sell Idea, Breaking 109.779 may open the way to the Weekly Demand Zone (105.954 - 104.626)
Sell Stop: 109.779
Stop Loss: 110.592
Take Profit: 106.895
Expiry 2 month
Risk Management = 0.01/$100
Recommended Leverage not to exceed 1:50
Recommended Risk Ratio 1:2 – 1:3
Close partially the contract once it reaches 50% of profit, Move stop loss over the entry level
Close partially the contract once it reaches 80% of the profit
Sell Stop: 109.779
Stop Loss: 110.592
Take Profit: 106.895
Expiry 2 month
Risk Management = 0.01/$100
Recommended Leverage not to exceed 1:50
Recommended Risk Ratio 1:2 – 1:3
Close partially the contract once it reaches 50% of profit, Move stop loss over the entry level
Close partially the contract once it reaches 80% of the profit
Trade closed: target reached