TradingView
BitonGroup
May 24, 2021 8:03 PM

USDJPY 25/05/2021 Long

U.S. Dollar/Japanese YenFXCM

Description

Technical Analysis:

As you can see, USDJPY is consolidating and accumulating above Fibo golden zone.we think that the price might shoot for the 1TP then perhaps higher levels which are specified as the further targets.

Trade closed: target reached

All 3 Targets Achieved
Comments
mohsenshahid
it is possible to increase the price up to 112.but more than that is impossible
BitonGroup
@mohsenshahid, how are you now... Mr. Impossible?
mohsenshahid
@BitonGroup, exelent. i forgot why had this view...but your analysis was really flawless...good luck my friend
BitonGroup
@mohsenshahid, thanks body. have look at other ideas and comment your opinions.
we are very welcome for any critics.
mohsenshahid
@BitonGroup, of course .i did not disagree with you. only the target 115 was waiting for me
BitonGroup
@mohsenshahid, are you day trading?
mohsenshahid
@BitonGroup, yes i am a daily trader
BitonGroup
@mohsenshahid, that is why longer targets are out of your timeframe of planning.

we are swing investors so we manage our TVoM accordingly
mohsenshahid
@BitonGroup, not at all . based on the fundamental ,i believed that the dollar wuuld weaken ine coming days.but on the contrary ,positve news was published for the doller
mohsenshahid
@BitonGroup, my specialty is the gold index and major currency pairs in the market .of course ;90% f my trades are in buying and selling gold.
More