Time frame: (4 hours and 1 hours)
Date & Time: 22 Aug 2018, 16:15 GMT+9
Starting Balance: 3157.96
Graph Showing entry and exit points
Fundamentally USD is a bit weak because of Trump comment but the effect already seen on the market.
On 22 Aug, ...
USD JPY Trading Strategy based upon Trend
80 SMA -> Uptrend
480 SMA -> Uptrend
14 RSI -> Uptrend
Go Long when price touches the trend line
Stop Loss - 40 Pips below the trend line .
Profit Taking - Resistance line at 113.13