This is personally how i like to take my trade.
As we now that DXY is flying higher, but usdjpy still stay on the ground which the fact it should be rise higher. There is a good potential that usdjpy will go higher and test the top.
RR Ratio 26:1
Buy now
SL: 112.39
TP: 114.50
This is a very risky trade, so please use proper money management
Comment: (Note: Never trade with the money you can't afford to lose)
Good luck.
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As we now that DXY is flying higher, but usdjpy still stay on the ground which the fact it should be rise higher. There is a good potential that usdjpy will go higher and test the top.
RR Ratio 26:1
Buy now
SL: 112.39
TP: 114.50
This is a very risky trade, so please use proper money management
Comment: (Note: Never trade with the money you can't afford to lose)
Good luck.
Please like, comment, and subscribe to support the author if you find this analysis helpful
Comment:
Now our position is win 2:1. Please move stop loss to breakeven and let the trade run. Good luck.
Comment:
If going in our favor, this trade is going to run about 2 weeks.
Trade closed manually:
BE hit after win 3:1
Comment:
Watch the price action first for re enter. I still see it going up.
Comment:
Comment:
You can re enter. SL and TP in the chart above.
Comment:
SL : 112.29
Trade closed: stop reached:
Exit trade.