USDJPY New Buying Opportunity: Long

U.S. Dollar/Japanese YenFXCM

Description

⋅ Apr 3, 2017 3:49 PM

USDJPY New Buying Opportunity:

in 4H Chart, the Downtrend Channel was broken

therefore now the trend is no longer bearish
but sideway.

Watch 100.906-100.80 Level.
0.618+Horizontal Structure.

I will be ineterested to buy USDJPY if it hits this zone.
Coz it may give us a potential High Low to catch
a new Up trend.
SL below 110.00
TP1: 112.20
TP2: 113.00
TP3: 114.50

Trade active

⋅ Apr 3, 2017 6:50 PM

Bought at 110.90

Comment

⋅ Apr 3, 2017 6:50 PM

typo: 110.906-110.80

Comment

⋅ Apr 5, 2017 4:53 PM

FLY UP! 111.30 NOW

Comments

pabloromano

⋅ Apr 4, 2017 2:28 AM

Sorry I disagree with you.

DUX17

⋅ Apr 12, 2017 9:44 PM

Wrong AGAIN, it did not even reach the first target before the SL.

Walentine

⋅ Apr 13, 2017 9:57 AM

@DUX17, as Always.....

DUX17

⋅ Apr 13, 2017 10:36 AM

@Walentine, Yeah...just read another his post on GOLD. Price went exactly opposite direction without reaching the 1st target...

namhoaile91

⋅ Apr 10, 2017 7:06 AM

Hey Sunrise,
Can you please update this pair? it's bearish currently

Walentine

⋅ Apr 11, 2017 4:22 PM

@namhoaile91, what's update? stop hit!

val_trader

⋅ Apr 4, 2017 11:47 AM

Falling like a knife ...

tradingphoenix

⋅ Apr 3, 2017 7:49 PM

Well, I don't see any demand below but I see a lot of supply above. I am bearish.

Montsheng

⋅ Apr 3, 2017 8:08 PM

@tradingphoenix, when do you think we can go long?

tradingphoenix

⋅ Apr 3, 2017 8:14 PM

@Montsheng, Depends on your time frame.