Daily chart for USD/JPY
Hello everyone,
I see a beautiful movement from USD/JPY chart here.
The price retest the resistance very clearly and we know what we have to do here.
Entry price: 111.300
SL: 110.200
TP1: 113.790
TP2: 115.905
Because it is daily chart, I think it will last 1-2 weeks.
Take 3/4 of your profit when the price hits TP1. I see a strong resistance at 114.250, therefore I think it's hard to hit TP2 but we can try it.
Good luck and thanks for reading my prediction,
S1mpleTrader.
I see a beautiful movement from USD/JPY chart here.
The price retest the resistance very clearly and we know what we have to do here.
Entry price: 111.300
SL: 110.200
TP1: 113.790
TP2: 115.905
Because it is daily chart, I think it will last 1-2 weeks.
Take 3/4 of your profit when the price hits TP1. I see a strong resistance at 114.250, therefore I think it's hard to hit TP2 but we can try it.
Good luck and thanks for reading my prediction,
S1mpleTrader.
Trade active
stay calm, guys. USDJPY price is sideway. I think it will take 3-4 days before it go up.
Trade closed: stop reached
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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.