A possible breakout in the JPY
Updated
I wait for a possible BO of the USD/JPY , to go long .
119.635 as a first target ( 20% of the total seize ) - stops to breakeven
120.620 as a secondary target ( 80 % of the total seize )
keep an eye on your momentum indicator ( RSI here )
IMPORTANT : this is only a part of the total analysis ( includes also the fundamental and world view side , and risk management )
119.635 as a first target ( 20% of the total seize ) - stops to breakeven
120.620 as a secondary target ( 80 % of the total seize )
keep an eye on your momentum indicator ( RSI here )
IMPORTANT : this is only a part of the total analysis ( includes also the fundamental and world view side , and risk management )
Trade closed: target reached
Target 1 and target 2 reached with important momentum after the announcement of the interest rate .
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