Place a buy trade on USD/JPY and check out my chart for the ideal sell entry & stop-loss placement. Your target should be the blue line.
Remember :- Move your SL to breakeven once the trade reaches 1:1.5 R. Aim for a minimum reward of 1:2 R. Don't risk more than 2.5% of your total margin.
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.
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.