USD/JPY Bullish Run Setup
I’m currently monitoring USD/JPY for a strong bullish push, leveraging both HTF structure and 15-minute trend confirmation to guide my entry and trailing strategy.
🔹 Market Structure: The higher time frame (HTF) shows a bullish bias, and we’ve just witnessed a bullish shift on the 15-minute chart. This setup aligns well with my strategy, where I look for confirmation of market direction on both time frames.
🔹 Trade Objective: My goal is to ride this momentum to at least the previous 4-hour high, but with a trailing stop in place, I’m prepared to capture additional upside if the trend remains favorable.
🔹 Risk Management: Employing my trailing system with ATR-based stop loss, I’m managing risk at 1%, aiming for a steady risk-to-reward balance while allowing room for potential larger gains.
🔹 Stats: So far, the indicator has shown promising results with a net profit of 254.62 R and a profit factor of 4.18, based on my backtests. This approach helps me stay disciplined and make data-backed decisions.
Let’s see if USD/JPY continues to hold this momentum and pushes higher! 🚀
#USDJPY #Forex #TradingSetup #MarketStructure #RiskManagement
🔹 Market Structure: The higher time frame (HTF) shows a bullish bias, and we’ve just witnessed a bullish shift on the 15-minute chart. This setup aligns well with my strategy, where I look for confirmation of market direction on both time frames.
🔹 Trade Objective: My goal is to ride this momentum to at least the previous 4-hour high, but with a trailing stop in place, I’m prepared to capture additional upside if the trend remains favorable.
🔹 Risk Management: Employing my trailing system with ATR-based stop loss, I’m managing risk at 1%, aiming for a steady risk-to-reward balance while allowing room for potential larger gains.
🔹 Stats: So far, the indicator has shown promising results with a net profit of 254.62 R and a profit factor of 4.18, based on my backtests. This approach helps me stay disciplined and make data-backed decisions.
Let’s see if USD/JPY continues to hold this momentum and pushes higher! 🚀
#USDJPY #Forex #TradingSetup #MarketStructure #RiskManagement
Trade fermée: cible de profit atteinte
Closed with 2.2 RR 
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
🌟 Join our trading community for insights, strategies, and market updates! 🚀 discord.gg/eWPngqQsZS 🌐
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.