Dale_Ansel
Long

USDJPY - FALLING WEDGE @ PREVIOUS SUPPORT- LONG!

FX:USDJPY   U.S. Dollar/Japanese Yen
837 9 19
Here's a great opportunity for a low risk
decent move trade. Stop could be placed
around 118.15 area, target will be green area
so anywhere from 119.20 to 119.40 area.

Typically falling wedge will coil and SPRING
to life with a bullish move.

Lets wait and see!

Good Luck . . .
FXSurf PRO
2 years ago
Nice, thanks!
Reply
Dale_Ansel PRO FXSurf
2 years ago
Let me know how you do, if you enter the trade!
Reply
FXSurf PRO Dale_Ansel
2 years ago
Yep, in at 118.553, out at 118.873.
Reply
Dale_Ansel PRO FXSurf
2 years ago
Nice....
Reply
FXSurf PRO Dale_Ansel
2 years ago
Well done, topped out so far at 119.407. Think we'll see much of a retrace?
Reply
cunni FXSurf
2 years ago
Nice work Dale! :D
Reply
Dale_Ansel PRO cunni
2 years ago
Thank you. :)
Reply
Dale_Ansel PRO FXSurf
2 years ago
The overall trend is Bullish, so I'd like to see a little more upward movement and price to pull back to the target area, then I might go long again....
Reply
cunni Dale_Ansel
2 years ago
TP, setup another position. If its bullish it'll grow, if not, you're not going to kick yourself too much, but at least you can use the additional TP for the next trade :)
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