My Trade Plan: Long USD/JPY
The Plan is to wait for the price to Retest after Resistance zone is broken. The Risk to Return ratio is 1:7. The Strict Stop Loss of 10 Pips would be in Place.
Note: Do your own analysis before taking the trade.
Long/Buy: 114.010 - 114.070
Stop Loss: 113.900
Target: 114.953
Indicator used: Moving Average (MA)
Analysis based on: Moving Averages, Market Structure & Supply/Demand Zones.
Note: Do your own analysis before taking the trade.
Long/Buy: 114.010 - 114.070
Stop Loss: 113.900
Target: 114.953
Indicator used: Moving Average (MA)
Analysis based on: Moving Averages, Market Structure & Supply/Demand Zones.
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