From weekly bullish engulfing pattern, and daily break of bearish trend channel and 4-hourly break of structure, USDJPY seems to be bullish.
Entry Price: 142.85 to buy low
Stop-loss: 141.50 to allow scale-in / averaging for stop-hunts / sell-side liquidity
Target Profit: 146.00
Reward-to-Risk: 2.33
Entry Price: 142.85 to buy low
Stop-loss: 141.50 to allow scale-in / averaging for stop-hunts / sell-side liquidity
Target Profit: 146.00
Reward-to-Risk: 2.33
Order cancelled:
Price did not come down low enough, so missed the trade.