USDJPY LONG IDEA

Good Morning Guys and welcome to a new trading week ..
Long idea on USDJPY 4h TF

As we see we have a rising Trend Channel and we are in Bullish environment at the moment .
On the way up we have several demand zones used or missed closely .
My idea for a long position here would be price coming down to test last zone of demand + S/R flip zone just below that + Trendline could help to push price higher again with a target at last swing high around 106.20 zone.
When we arrive at the demand I would zoom into LTF like m15 or even below to find an entry .
If you trade HTF like h4 here it would be also ok to trade it in the same TF after confirmation….

Zlecenie aktywne:

if u trade just h4 for some swings this is your activation

Zlecenie aktywne:

flip holding i see some movement to the upside now ...

Komentarz:

Zlecenie aktywne:

so far so good .... now its up to you :
protect capital = set trade to break even and forget it till target hit
play out your edge : let em run till Target or SL get kissed

another way of handling would be taking off some at certain areas ....

many ways to glory ...

Zlecenie aktywne:

you are welcome ;-)

Transakcja zamknięta: osiągnięto wyznaczony cel:

almost at target ...close majority of position let rest run and trail as long as its climbing

Transakcja zamknięta: osiągnięto wyznaczony cel:

Transakcja zamknięta: osiągnięto wyznaczony cel:

Last update final target reached ....

see you next week for another trade idea