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USDJPY: ANOTHER BEAR SHOW, SUPPORT REMAINS 105.900!

As I mentioned in the last USDJPY update, the Japanese yen got short nitro to fall down.

The pair still running on the same rhythm and ensuring the yen in good health.

In day timescale, the chart printing the signals at 109.458.

At 111.040, the chart printed an impulse and turned the trend to down.

After the impulse, the market hoisting a flag correction and setting a solid base for Japanese yen to run the show in the bear ground.(shown in the graph).

By the previous record, an impulse yet to appear in the bear ground.

I’m expecting the impulse should be enough to bring the trend to the whole way down.

The fall may up-to 105.900.

On the other hand, if the signals start to move as a correction to the top means, end the trade at 110.824.

FOLLOW THE MOVE AND FINALISE YOUR TRADE.
SIGNAL SPECIFICATION:

Pair: USDJPY

Order: SELL

Entry: 109.458

Take profit: 105.900

Stop loss: 110.824

Risk Vs Reward: 2.6
Our Unique Features:

1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.

Note:

Trade signals would usually have a risk to reward ratio of 1:2.

It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.

Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.

Note: Everything works with Best money management.

Note: Please leave comments for any query.

Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.

Best
Forextamil
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Good Luck…!!

25 Jun 2018 11:59 am Posted by tamilforex

 
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