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MEX_Exchange
3 ינו׳ 2018 01:23

USDJPY profit target reached, time to start buying לונג

U.S. Dollar/Japanese YenFXCM

תיאור

Buy above 112.13. Stop loss at 111.34. Take profit at 113.76.
Reason for the trading strategy (technically):
Price has shot down and reached our profit target perfectly. We look to buy above major support at 112.13 (Fibonacci retracement, horizontal swing low support, Fibonacci extension) for a push up to at least 113.76 resistance (Fibonacci retracement, horizontal swing high resistance, Fibonacci extension).
Stochastic (34,5,3,) is seeing major support above 3.7% where we expect a corresponding bounce from.
תגובות
LuckyLaki
so far so good! Thanks :)
עוד