USD/JPY - In a bullish trend. We look for LONGS. Expecting price to bounce in our green fib zone, three orders at (1) 112.808, (2) 112.616 and (3) 112.424. This trade can be run with a larger stop but R/R is not as good. If stop hits there will be another entry.
Timeframe - 6H
Supports - (1) 112.808, (2) 112.616 and (3) 112.424
Stop - 112.184
Resistance/Limit - 113.598
As per my trading style I scale in and scale out of positions in green and red box respectively.
Happy trading!
Timeframe - 6H
Supports - (1) 112.808, (2) 112.616 and (3) 112.424
Stop - 112.184
Resistance/Limit - 113.598
As per my trading style I scale in and scale out of positions in green and red box respectively.
Happy trading!
Trade active:
All orders have hit. Let's see if we get a reaction here.
Trade closed: target reached:
Target reached, beuatiful