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USDJPY BULLISH
U.S. Dollar / Japanese Yen
Long
USDJPY BULLISH
By Bileonaire
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Updated
Jul 6, 2020
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Jul 6, 2020
Hello Traders!
USDJPY looks bullish. Based on my analysis I am looking to go in with a buy stop now.
Break and retest of the level with the white line.
Market-: 107.710
Stop-Loss: 107.640
Take-Profit: 108.00
Stop-Loss: 7 pips
Risk: 1%
Risk-Reward: 4.14
What do you think?
Thank you for checking my idea out. Do not forget to Like, Comment and Follow for more ideas.
Jul 6, 2020
Note
Buy stop not triggered. DXY (Dollar index is selling meaning weakness for the dollar) I will remove the buy stop for now until further confirmation.
Candlestick Analysis
Supply and Demand
Support and Resistance
Bileonaire
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