U.S. Dollar / Japanese Yen
Long
Updated

USDJPY - Long opportunity

350
Hello Traders,

Weekly Chart

Scenario 1: (Normal conditions)

> Price exactly at .618
> On 4H we have a nice buy setup.


Scenario 2: (Risk conditions)

> Hurricane Irma, N.Korea tension.
> It may reach 0.786 level in worst case.
> Wait until weekly candle shows bullish momentum.

I rely on both technical and fundamental analysis and use my strategy to trade, you have to apply your own method to trade this.

Good luck & Trade with care

Thanks!
Note
300 + pips, still going strong (Y)
Note
Looking for second entry
snapshot
Trade closed: target reached
Note
Great we now look for pull backs to continue to buy ) good luck!

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