USDJPY FOCUS - is Bullish/Buy!

138
Dear traders,

Here is your USDJPY Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the USD stands at “2”, and the JPY stands at “0”, meaning that the USD is stronger than the JPY, thus only looking for Bullish/Buy opportunities on this pair. NB: These reading fluctuate from time to time.

Our 1st Buy Order is placed at Current Market Price (with a 1% risk position size)

Our final Take profit is placed at 110.98
Our Stop Loss is placed at 109.63

This is a 100 PIPS trade - Risk Reward 1:3
Chart Timeframe; H3

Thank you. Like & Subscribe.
Trade Smartly.

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.