This idea is based on the fact USDJPY has been trading at this price level for quite a while, see weekly chart and the reverse wicks, this time my t/p is at 1:6 ratio matching support level and EMA 200. S?L at the resistance level just above 145, please remember this is just an idea not a trading advise!
always protect your capital with a s/l you can handle :)
always protect your capital with a s/l you can handle :)
Note
my s/l was triggered but I have reopened the transaction following the price actionTrade closed: stop reached
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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.