Confused how to trade USD/JPY? JUST TRADE WHAT YOU SEE ON THE CHART.

We suggested not to trade upward breakout of the wedge because reward of that trade would be less than the risk

If we traded upward breakout, we would take position at the closing point of the candle that broke out the wedge. The risk from that price level would be the price level below lower line of the wedge, which is greater than the reward as the TP would be at ABCD FE100.

Watch the video to learn how we are about to trade the USD/JPY