Why are we entering?
- Expecting USD weakness = USDJPY SHORT
Entry
- Safe entry: break of WFB
- Risk Entry: Break of risk trendline on lower timeframe once we move up
Once entered, where will our Stoploss be?
- above price once entry trendline breaks
Where do we take profits?
First TP: 152 (1000pips)
Second TP: 147 (1450pips)
Second TP: 141 (2000pips)
Taper as we move down
- Expecting USD weakness = USDJPY SHORT
Entry
- Safe entry: break of WFB
- Risk Entry: Break of risk trendline on lower timeframe once we move up
Once entered, where will our Stoploss be?
- above price once entry trendline breaks
Where do we take profits?
First TP: 152 (1000pips)
Second TP: 147 (1450pips)
Second TP: 141 (2000pips)
Taper as we move down
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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.
Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
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.