Hi pros!
waiting for price to touch on PRZ and confirm reversal (in smaller timeframe) before entering.
A readd is possible just after breaking the trendline of the descending channel and pullback
TP1 = 1:4
TP2 = 1:7
TP3 = 1:10
and price can possibly rise more
waiting for price to touch on PRZ and confirm reversal (in smaller timeframe) before entering.
A readd is possible just after breaking the trendline of the descending channel and pullback
TP1 = 1:4
TP2 = 1:7
TP3 = 1:10
and price can possibly rise more
Comment:
first try of the ema's strategy(that's just a try, don't count it on win or loss)
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long usd jpy
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Trade active:
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look at the 0.618 pullback after breaking triangle on h4 in order to long GU
wait for the touch of 0.618 and close above to long
wait for the touch of 0.618 and close above to long
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RELONG EU 20 pips sl
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that means 0.00200