USDJPY BUYSTOP
Hello Traders!
I am seeing the possibility of USDJPY buy.
USDJPY has been making higher lows and is in an uptrend currently. The market is at critical support which I believe will hold. I will be placing a buy stop with a tight stop-loss and low risk on the table. The risk to reward ratio is good.
Market-BUY STOP: 107.550
Stop-Loss: 107.400
Take-Profit: 108.300
Stop-Loss: 15 pips
Risk: 0.5%
Risk-Reward: 5
What do you think?
Thank you for checking my idea out. Do not forget to Like, Comment and Follow for more ideas.
I am seeing the possibility of USDJPY buy.
USDJPY has been making higher lows and is in an uptrend currently. The market is at critical support which I believe will hold. I will be placing a buy stop with a tight stop-loss and low risk on the table. The risk to reward ratio is good.
Market-BUY STOP: 107.550
Stop-Loss: 107.400
Take-Profit: 108.300
Stop-Loss: 15 pips
Risk: 0.5%
Risk-Reward: 5
What do you think?
Thank you for checking my idea out. Do not forget to Like, Comment and Follow for more ideas.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.