Buy USDJPY

Updated
Buy this symbol in pullback to broken resistance level. We get the good signal in 4H chart according to bullish engulfing candle.

Entry : 109.97
Stop : 109.65 (30 pips)
Tp1 : 111 (100 pips)


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Note
Move stop to 110.12

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Note
Move stop to 110.33

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Note
Trailing Stop reached. But we can get 35 pips profit.
Profit : +35 pips

Now we can buy again according to head & shoulder pattern in 4H chart.

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Entry : 110.4 (Now)
Stop : 110.2 (20 pips)
TP1 : 110.8 (40 pips)
TP2 : 111 (60 pips)

We get buy signal in 1H chart according to bullish pin bar at key support level and MA100 in 1H chart.
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Trade closed: stop reached
Stop reached.

Profit : -20 pips

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cybertronpullbackTrend AnalysisUSDJPY

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