hope.bleecker
Long

USJPY Retracement from 111 area

FX:USDJPY   U.S. Dollar / Japanese Yen
287 1 6
Trading back to the .382 area on the daily... Will watch price but looking for about 114. Will profit take and then sell it down when we have a bearish candlestick formation. The reason that I am long is because we reached the end of the retracement zone on the monthly.
Trade active: Ok so I have one off of this at 113.11 for 133 pips and am holding over the weekend. My entry at 111.68 is pulled to 111.77. Target is 114.15 for now.
Trade active: Still holding the long.. break even trading to 11574
This has been a fantastic trade for us off of the 111.68 area. I took on off at the above mentioned target at 114.15 and I am holding into 115.84. The pair is in a pullback mode now but just follow the trendlines and fibs long back to the target. Have fun!
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