USDJPY H4 FORECAST BUY 1.5R TARGET

Panjang

Dolar A.S. / Yen Jepun (FOREXCOM:USDJPY)

FOREXCOM:USDJPY Dolar A.S. / Yen Jepun

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We consider to buy this pair because the New Jerusalem Ultimate Band Indicator signal line is very bullish though it suggests that there might be a short pull back and then the price will continue to shoot up before we get stopped out. Also the price has attained a strong support from the New Jerusalem Band Indicator lower line suggesting a strong bullish move awaiting the market to open so that it may continue to manifest. We manage and protect our capital buy using a reasonable lot size and not to risk more than 2.5% of our capital and we open one position only until we hit our profit target. Our exit levels are as shown on the chart. Wish you a successful week ahead.

Penafian

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