U.S. Dollar / Japanese Yen
Long
Updated

USDJPY RR RATIO 26:1. IMPOSSIBLE TRADE?

426
This is personally how i like to take my trade.
As we now that DXY is flying higher, but usdjpy still stay on the ground which the fact it should be rise higher. There is a good potential that usdjpy will go higher and test the top.

RR Ratio 26:1

Buy now
SL: 112.39
TP: 114.50


This is a very risky trade, so please use proper money management

Comment: (Note: Never trade with the money you can't afford to lose)


Good luck.

Please like, comment, and subscribe to support the author if you find this analysis helpful
Note
Now our position is win 2:1. Please move stop loss to breakeven and let the trade run. Good luck.
Note
If going in our favor, this trade is going to run about 2 weeks.
Trade closed manually
BE hit after win 3:1
Note
Watch the price action first for re enter. I still see it going up.
Note
snapshot
Note
You can re enter. SL and TP in the chart above.
Note
SL : 112.29
Trade closed: stop reached
Exit trade.

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.