USD/JPY - INTRADAY - FURTHER UPSIDE
Updated
The pair is currently forming a flag continuation patter therefore I'm interested towards buying.
All the details are on the chart
Entry @ 111.735 (Buy Stop)
Stop @ 111.486
TP1 @ 112.030
TP2 @ 112.146
Disclaimer:
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
All the details are on the chart
Entry @ 111.735 (Buy Stop)
Stop @ 111.486
TP1 @ 112.030
TP2 @ 112.146
Disclaimer:
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
Order cancelled
Pending Buy stop cancelled - price broke below the 2 fibonacci levelsDisclaimer
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