Description
⋅ I Have shown #3 possibilities as you can see in chart 2 short possibilities and 1 long possibilities
Case 1 Long if USDJPY goes above square price i.e to corrective above 113.52 you could enter long trade for target @114.15 not above I am expecting .
Case 2 Short USD/JPY at completion of correction @114.15 Target from their is 112.50 Stop loss 30 pips from entry
Case 3 Short if price goes below from the time call give below 113.20 you could short
Target price will be same as case 1 ie 112.50
Over all pips you could grab with your intelligence is 63+163=+126 and minimum 80 Pips with this strategy
maximum Loss 30 pips.
Regards
Dipak Z
Trade safe & Best Wishes