Use 1/2 risk. It's a nice trading opportunity at the top of a channel. It's a major resistance at key level 70.50. Doji 4 Hr candle at the resistance ( it shows indecision ). It is a risky trade though because we haven't a really clear price action but it's worth it because of the risk to reward ratio. *If it breaks the take profit target, you can extend...
1 : 3 TRADE Here we have a NAKED SWING / INTRADAY analysis on USDJPY 8H chart. The market is in a critical area (104.000) when it reversed in the past multiple times. If the market breaks the target you can extend your take profit target! ENTRY: 104.00 STOP LOSS: 103.75 TP1: 104.25 TP2: 104.50 TP3: 104.75 HAVE FUN & HAPPY PROFITS ! ! !