2/16 Prop Development Course Dollar/Yen Analysis Result. +270,000 yen

I analyzed the USD/JPY around 7:00 p.m. yesterday, within the range, for all currencies.

Using the pre-drawn "Koyaji Zone," I executed trades.

This is a part of yesterday's post.

〇 Basic policy: ① Reach near the upper bound of the range on the 5-minute chart ② Consider selling after a chart pattern such as a W top appears (entry from a neck-line retracement)

Subsequently, the price moved as per the scenario, but it did not extend to the target take-profit level and rebounded at the 200 EMA.

I entered at the blue ↓ and closed around the 200 EMA.

The risk-reward ratio ended up about 1:5.

USD/JPY result: +270,000 yen

This morning as well, I have pre-announced the "Koyaji Zone."

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https://www.gogojungle.co.jp/tools/indicators/72305

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