Reversal Higher on USDJPY
A wide range has been forming on the USDJPY.
I am planning to go long at the break higher of today's high. Take profit will be at the other end of the range for a possible 3R return while the stop is a bit wider below the lows of the 25th of March.
Here is my entry in the Samurai Trading Log:
Date Pair Direction Trade Trend Level Signal Entry
2019-05-08 USDJPY Long Counter Trend Down Horizontal Support Indicision break
I am planning to go long at the break higher of today's high. Take profit will be at the other end of the range for a possible 3R return while the stop is a bit wider below the lows of the 25th of March.
Here is my entry in the Samurai Trading Log:
Date Pair Direction Trade Trend Level Signal Entry
2019-05-08 USDJPY Long Counter Trend Down Horizontal Support Indicision break
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