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Usdjyp

USDJYP - Technical Analysis [Short Setup]🔹 USDJYP Analysis on 4H chart - The current Trend is BULLISH - There is BEARISH divergences - Reversal pattern is present which is rising wedge 🔹 Trade Plan For 1HR - Entry Level = 149.093 - Stop Loss = 149.656 - TP1 = 148.545 - TP2 = 147.982 - TP3 = 147.397 🔹 Risk Management - First TP is 1:1 - Second TP is 1:2 - Third TP is 1:3 🔹 How to Take Trade? - Only risk 2% of your portfolio - Take 1% risk entry with 1:1 RR - Take 1% risk entry with 1:2 RR - Take 1% risk entry with 1:3 RR Like and subscribe to never miss a new idea! ✌🏼
Short
by Bountysoul
USDJPY PREPARES FOR A DOWNWARD PUSH?Here we have USD/JPY trading around our Daily Breach area. I expect the market to continue the push down @111.765 or @111.736 region. We will wait for confirmation and enter the market with proper risk management. #SIMPLETRADING #BEYONDFOREX TRADING TIP Developing a professional attitude should be a goal in our trading. Trading is a business and not a hobby if you want to pursue this a career. When developing we need to figure out what trading session fits our schedule and stick with this session. After session close make sure to not trade after. This will start your way as a Professional Trader. Come to work everyday at this time and develop that routine to follow. You will see a big change in your trading.
Short
by CoreyT