U.S.D/JPY TREND: FEAR FACTOR IS BACK -BEARISH WILE.

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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4. 2% Risk Management Per trade.
5. Risk vs Reward upto 1:7.
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.
This allow you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.


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Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.


Best
Forextamil

Dagangan ditutup: sasaran tercapai:

Hint hit.

happy to update one more target TP1 achieved (88 pips).

Be in touch with our updates, for more profitable trades.