long trade: USDJPY

Here you see a long trade in the USDJPY, which I have implemented as a Forex trader. Let's look at the 1h-Chart. We have seen in the past few days how the USDJPY broke out of the trend channel and now made a correction. This correction ran up to a trendline in the 1h-Chart. Here showed the course strength and could not break the area down. That is exactly where I entered the market. The stop loss is below the last small low. If the course breaks this area down, I do not want to be long in the market. One can also say that my trade idea would be destroyed and the loss would be realized. It is extremely important to keep your losses small and not stick to them for too long. The initial stop loss may in no case be further shifted to the loss. Here you have to stick to your rules! The take profits are also marked on the chart. The first profit target has already been triggered. This long  trade is very short-term and will be closed early.