U.S. Dollar / Japanese Yen
Long
Updated

USDJPY LONG

we see buyers stepping it as price bounces off trendline + most recent support zone
+jpy not doing so well with conovirus scare
Trade closed: target reached
-Profit taken at a beautiful 161+ Pips.
-As we have reached 50% to our profit target I like to take 70% off the table and let -30% of the position ride
-At this point you should move your stop loss at least 5 pips above your entry for a risk free trade.

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