My low stress trade was a fail but that doesn’t change my bias on USDJPY. I’m still long!

AB=CD on the monthly chart.

Entry on the 15-minute chart. Buy if the price closes above that blue line. It is important that you wait for the candle close. Target is at 90.75 and stop will be placed 5 pips below 87.35. It’s a wide stop. You can potentially lose at least 120 pips from this trade. Please manage your position size if you decide to take this trade.

Adjust your stop to breakeven once USDJPY hits 89.

Good luck!

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