U.S. Dollar / Japanese Yen

Short

further USDJPY weakness

By Tradeplicity

Updated

Major trend line break and close below the 200 moving average.

Comment

First target met but with geopolitical news this could hit our second target.
Our first target of 1:3.5 risk trade has been reached and now you can book some profits and see your trade go to 1:8 risk reward.
Taking trade that are 1:5 and higher risk reward, you need to be right only 25% of the time to have a positive equity curve.

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