Hi all,
The movement, when i hit the chart . it hint us something .
Especially, the correction(shown in graph) it forms in a solid pattern. The trend line breaks the market at 109.938.
After broke-up, the market start to be bearish,like a parabolic re-action.
Its a absolute treat for Japanese.
Catch before its fall.
POINTS TO BE MARKED :
Pair: USDJPY
Order: sell.
Entry :109.424
Take profit 1: 108.654
Take profit 2: 107.820
Take profit 3: 105.560
Stop loss : 111.533
Risk vs Reward: 1.83.
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Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that, even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
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Best
Forextamil