Simple ascending channel setup on USDJPY
SL is 20 pips below current price. Once the price move to 114 handle the SL should be placed to breakeven, thus giving a risk-free trade.
SL is 20 pips below current price. Once the price move to 114 handle the SL should be placed to breakeven, thus giving a risk-free trade.
Trade closed: stop reached
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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.