@benjamintolentino15 on USDJPY | PriceONN Community
Greetings! I am considering a potential long position on USDJPY if it manages to decisively break above the 154.85 level. My rationale is based on the potential for a continuation of the recent upward trend, although it's been choppy lately. I would set a tight stop-loss order just below the 154.50 mark to manage risk, and my initial profit target would be around 155.20. Does this seem like a reasonable plan? I am open to feedback from more experienced traders. I am still learning about risk management. Thank you!