walterstrades
Long

USDJPY Long on trendline.

FX:USDJPY   U.S. Dollar / Japanese Yen
33 views
0
Please don't take this as a signal this is just my analysis. Long opportunity around the 111.00 level. Has been moving in the purple uptrend for sometime, supported by level and trend resistance and double bottom on chart and RSI 30.
I will be aiming for TP around 112.00 so just shy of 100 pips, I will be placing my SL around 110.55 due to stop hunting by banks (if you don't know what that is - look it up) as this is what appears to be a very obvious buy.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out