ihamzafx

USDJPY scaling another entry RR 1:7

FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY overall trend was bearish for quite a while now, but recently it started trending up by forming Higher Highs and Higher lows and also we saw some trendline rejection on higher lows, so i entered on trendline touch along with that on that exact point there was a fibonacci retracement 61%
as always initial risk was 1% with target of 9% but couldn't post that entry, this will be my second entry on this with RR 1:7
Trade closed: target reached
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