PULEMokhothu

USDJPY 107.20 + 0.17% LONG IDEA

Long
PULEMokhothu Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
GOOD DAY TRADERS

HERE'S A DAY TRADE FOR THE USDJPY PAIR PREVIOUS CANDLE WE BROKE THE PAIR BROKE OUT OF AN DESCENDING CHANNEL CAME DOWN WITH THE BEARS TO RETEST THE STRUCTURE AND NOW WE SEE THE BULL COMING INTO PLAY ON THE PAIR.

TARGET 1 - 61.8% FIB LEVEL ( 107.93)
TARGET 2 - RESISTANCE LEVEL 108.93

RISK MANAGEMENT
PERIOD - DAY TRADE
Trade active:
TARGET 1 HIT ADJUST SL TO BREAK EVEN AND HOLD RISK FREE

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