USDJPY 10 January 2023

USDJPY Daily Chart
USDJPY H4 Chart

Selling due to:-

  • Daily bearish candle appeared last week
  • Downtrend
  • Candles rejecting resistance level 132.200-132.400

Trade 1:
Lot: 0.04
Sell Limit: 132.200
Stop Loss: 132.700 (50 pips) [USD 15] (1%)
Take Profit: 130.200 (200 pips) [USD 60] (4%)

Trade 2:
Lot: 0.05
Sell Limit: 132.300
Stop Loss: 132.800 (50 pips) [USD 15] (1%)
Take Profit: 131.300 (100 pips) [USD 30] (2%)

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