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U.S. Dollar / Japanese Yen
Long
Updated

USDJPY - Blue Candle Entry

342
While holding this support Area and forming a nice Bottom here-
Followed by this nice Setup of Blue Candle and Gray Confirmed Reversal (high probability setup) which gives us the equityrisk of 2.5% with this nice R/R level
Trade active
Stop moved up and took some off at previous Resistance Dots see to the left. at 102.875
Trade active
We can take some off again here - Resistance Spot atleast hold 70% of the inital position and move SL higher
Note
snapshot 2 new TP areas to take some off - The Volume Profile gives us some good exit points also marked on the price scale with the Horizontal Line
Trade active
Holding 60% of my inital Position -> next TP target aswell 10% off and the 50% remaning for final TP Target
Trade active
Trade closed: target reached
Mayvune
bluecandlecrupuj

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bluecandlecrupuj
Mayvune

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.