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Yura_Zayats
Mar 23, 2020 9:21 AM

USDJPY LONG Long

FX:USDJPY240
U.S. Dollar/Japanese YenFXCM

Description

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The reasons:
1. Price broke STRONG resistance trend line on DAILY TF;
2. Resistance become support;
3. Price on 4H create double bottom;
4. We can see pinbar, like a PA Confirmation;
5. Stochastik oversold;

SL: 110.00
TP: 111.50
RR: 1:4

What do you think?
Trend LinesCandlestick AnalysisDouble Top or Bottom
Comments
Kalhu
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