USD/JPY - 6H Entry Confirmation - Minor Trend-Line Break (Aggressive Entry) @: 113.676 S/L: 113.376 (-30 PIPS) T/P: 114.387 (+70 PIPS) Risk:Reward: 2.33:1 (Great) ENTRY: As we see that price has closed -ABOVE- our Minor Trend-Line we are looking to be continuing our up-trend with a possibility of it reaching a Minor Resistance area.
S/L: We placed our S/L roughly around +15 PIPS -BELOW- a Weekly Support area that we had. With a great Risk:Reward ratio.
UNEXPECTED: We don't have any news that may cause a MAJOR movement; but if price starts acting up and hits our S/L we would have to wait for a Trend Change for us to go to the down-side.
EXTRA: If price continues in our favor at the close of the 8H and 1D candles we can have another entry. To profit from this trading opportunity.
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