It seems that USD/JPY will continue to go long
USD/JPY June 20 2017
Well… I guess there is always a first time for everything right? J
I am learning to trade the market. Therefore, this is just an idea, my very first idea out there J
Constructive feedback, welcome, thanks!
I am expecting price to continue to go higher because:
1- Price closed above the 50 SMA
2- Price is above the 50% RSI
3- Price rejected the 110.580 level
Although I expect price to go higher, there is a resistance level at 111.650 on the 1 our time frame.
Enter a trade
On a 15 minutes time frame chart, wait for candle to close above 111.650 to enter a long trade.
TP around 112.500
Well… I guess there is always a first time for everything right? J
I am learning to trade the market. Therefore, this is just an idea, my very first idea out there J
Constructive feedback, welcome, thanks!
I am expecting price to continue to go higher because:
1- Price closed above the 50 SMA
2- Price is above the 50% RSI
3- Price rejected the 110.580 level
Although I expect price to go higher, there is a resistance level at 111.650 on the 1 our time frame.
Enter a trade
On a 15 minutes time frame chart, wait for candle to close above 111.650 to enter a long trade.
TP around 112.500
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.