USDJPY BUY SETUP FOR TODAY
Hello everyone,
If you see H4 and H1 trend as higher timeframe then you will realize Trend is completely very bullish.
So now today price creating liquidity above strong demand zone and strong price line.
To take out all internal liquidity, price will come till 1st POI entry level at 155.744. so BUY USDJPY nearly this price.
If price needs more liquidity then it will come to next POI entry level at 155.477. So 2nd BUY entry nearly 155.477.
Stoploss must be max 10-20 pips as per your Risk Reward.
Risk must be max 1%.
If you have $1000 account balance then take $10 as risk for single entry.
Good luck and happy trading.
If you see H4 and H1 trend as higher timeframe then you will realize Trend is completely very bullish.
So now today price creating liquidity above strong demand zone and strong price line.
To take out all internal liquidity, price will come till 1st POI entry level at 155.744. so BUY USDJPY nearly this price.
If price needs more liquidity then it will come to next POI entry level at 155.477. So 2nd BUY entry nearly 155.477.
Stoploss must be max 10-20 pips as per your Risk Reward.
Risk must be max 1%.
If you have $1000 account balance then take $10 as risk for single entry.
Good luck and happy trading.
Trade active
Now set and forget.
Note
1st Entry got SL. it's Okay.
Wait for High probability entry which is 2nd entry on chart.
Note
Trade closed: stop reached
Done for the day.
Disclaimer
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.
Disclaimer
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.