U.S. Dollar / Japanese Yen

Usdjpy 1h setups

Updated

If the price reaches the trendline, it should continue its bullish movement. We can enter long after we see bullish candles closed on m30 or h1. If it breaks the trendline, we want to see a new low formed under the 111.05 support. We can either wait for a correction to open a short position or enter directly on the break of 111.05.

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first tp hit

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second tp hit

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there is still room for UJ to rise! I suggest you to move the stop loss on profit

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secure the trade

Trade closed: target reached

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