almondndn

Breaking a speed line and heading to the support!

Long
almondndn Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY now doing a slightly uptrend on Minor TF but on the Major TF it's a Bear flag pattern. With this entry point RRR 1:3 it's worth to risk around 1-3%. Don't forget to MM on your own risk.
Trade active:
Now pricing hit the entry point and heading to the resistance zone around 137.718-138,392 and making an invert head and shoulder pattern.
Trade closed: stop reached:
Unfortunatey the price was crash and hit my SL, but with the MM that's not a problem.

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.