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traddictiv
Feb 24, 2020 12:58 AM

EURJPY 1h AutoUFOs™ Trade Alert! 24 February 2020 Long

EUR/JPYOANDA

Description

Buy Limit @ 120.10
Protective Stop Loss @ 119.85
Take Profit @ 120.60
Rationale:
Buy Un-Filled Orders (Green UFO ) available in the 1h time-frame
Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing
Boosting Options:
Higher time-frame moving average values or Fibonacci retracements coinciding with the entry price
Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
Comments
wisedan3333
was this entry based on the 0.50 Fibonacci retracement aligning with the UFO?
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