Euro/Yen Japanese break out this structure and want to continue climb that we could to get a good trade in this par. And also we forming a bullish divergence in the RSI and price action too.
We're in this way forming a bullish divergence
In Daily timeframe it's look bullish from this key support zone above 138.50 JPY.
I put a buy order limit to $138.76 JPY, Stop Loss to $137.98 JPY and target to $140.00 JPY. This it's look a potential trade to find up 138 pips.
This it's a quickly analysis today. I hope that this idea support you
Good luck!!!
Trading ditutup: stop tercapai
Komentar
I loss 2.7% in this trade, but using my risk management of 6% and target to 10% weekly. But my own objective it's around 20% monthly to 25% monthly as goal.
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