From the analysis above and the video below, it can be seen that USDJPY has reversed in the previous week forming the #signature trade. After price reversed it started to form rising up trend within big downtrend. However, i believe the pair has a room to go to 111.500. Potential 250pips move. Moreover, the pair has found a resistance where people go short and formed perfect buy structure for us. They sell we buy. I am expecting the scenario below.
Please not matter how you believe in your trade “USE STOP LOSSES and PROPER MONEY MANAGEMENT” . WOULD LIKE TO RECEIVE MORE OR LEARN TO TRADE JOIN ACADEMY!
Trade update: Trade broke even after moving 30pips from my entry.