FOREX Analysis - USDJPY on the verge of Breakout
USDJPY on a 1H timeframe has formed lower high and higher low. the recent candle has broken out of a triangle pattern.
if we see a breakout above 139.613 we can initiate a long position with a risk reward ration of 1:1, post which we can trail the SL for targets upto 141.618
Disclaimer:
This is our personal opinion and is only for educational purposes. Please consult your financial advisor before making any decision
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if we see a breakout above 139.613 we can initiate a long position with a risk reward ration of 1:1, post which we can trail the SL for targets upto 141.618
Disclaimer:
This is our personal opinion and is only for educational purposes. Please consult your financial advisor before making any decision
#forex #forextrader #trading #forextrading #money #forexsignals #trader #forexlifestyle #forexmarket #forexlife #daytrader #fx #finance
Trade closed: stop reached