JaysMart

USD/JPY SHORT TERM SETUP (LONG/SHORT)

FX:USDJPY   U.S. Dollar / Japanese Yen
Technical Analysis for USDJPY             on H1 chart above was initially planned for the short term range within the level of (Support) 101.80 - 102.50 (Resistance). Consisting of 70 pips in total accumulation in between those levels. R:R = 1:1

Key Factors for this setup are the PA swings, Closed Candlestick , and the up/down-trends strength to plot for the PO Buy Cheap/Sell Expensive

Target Profit of 20-30 pips on a single directions. Be it, LONG/SHORT.

Look for a good entry and recommended to set for the Stop/Limit order. All the best. Trade Success.
Trade closed: target reached: After the Asian session we had our limit/stop orders in place to trap the bear/bull in either both directions. This is how it looks like...

snapshot
Comment: But to anyone who strongly believe that the UJ will continue its momentum down and falls towards the 100, u can add this level here. But please have a good MM plan before you trade. Happy Trading
JaysMart MindTrader
Perfect. :)
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thanks brother.
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snapshot
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JaysMart MindTrader
Nice huh...?? But i would advise to be extra careful, and have a gud SL for the TP2. At this rate, nobody could tell what would happen in the next hours. All the best
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yes thanks
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