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FXStrggl
Oct 20, 2016 9:11 AM

Long continuation of USDJPY - pending order entry Long

U.S. Dollar/Japanese YenFXCM

Description

I will wait for a specific PA turning figure to appear, and a 3-wave sequence. Preferably, RSI crossing 30 range on the 15 minute chart as well

Trade active

Entered position with parameters
Entry 103.7
SL 103.475
TP 106.952

Trade closed: target reached

It did not reach my initial TP, however, I see a slowdown and do not believe this will go further

Comment

Closed at 105.3
Comments
FXStrggl
Entry 1 soon
FXStrggl
So far the tiny correction promises to be a 3-3-5 Zigzag. Not 100% sure yet.
FXStrggl
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