Dear Traders

Today, I will give you a signal by showing you a the Daily signal (Bullish Engulfing) and the precise entry from the 4 Hour chart. Have a look for the entry, stop and first target on the chart.

usd/jpy trading signal

I will be ideally looking for a pin bar or any bearish rejection around the level of 123.00 in order to go long. My stop will be placed just under the level of 122.15. My first target is the level of 125.00

Happy Trading,

Colibri Trader

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