Strategic #USDJPY H1 Trading: Maximizing Opportunities with Pati
#USDJPY H1 Strategy: Last week's #USDJPY trade yielded significant gains, even though our final target of 157.20 was not reached. The 157.20-157.60 zone presents an attractive selling opportunity, characterized by the presence of an H1 order block and a significant fair value gap. If we observe notable rejection signals, such as one to two hourly red candles indicating selling pressure, we will initiate a sell position with a stop loss set above 157.90, targeting 100-200 pips. Conversely, if #USDJPY manages to close above 157.60-157.70 in H4 or preferably H1 candles, we can consider a quick buy targeting 100-170 pips. Patience is key in swing trading, as this trade may conclude on the same day or extend over 3-4 days.
Mr K
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Mr K
Join Our Free Telegram Group
t.me/MrKCharts
If You Need Personalized SIgnals Specilaized With 2:1 RR for Propfirm Than Dm Us At t.me/Kseljuk
Join Our Free Telegram Group
t.me/MrKCharts
If You Need Personalized SIgnals Specilaized With 2:1 RR for Propfirm Than Dm Us At t.me/Kseljuk
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.