USDJPY - FOREX - 08. JAN. 2020

Welcome to our weekly trade setup ( USDJPY )!

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1 HOUR
Strong bullish price action toward previous resistance.

4 HOUR
Some bullish pressure.

DAILY
Sideways moving market at its top, we need a pullback shortly!

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FOREX SETUP
SELL USDJPY
1ST ENTRY @ 108.850
2ND ENTRY @ 109.130
SL @ 109.600
TP @ 108.030
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(Remember to add a few pips to all levels - different Brokers!)


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Have a great week everyone!

ALAN