TradingView
UnknownUnicorn614205
Oct 11, 2016 5:27 PM

My First Idea on TradingView Long

U.S. Dollar/Japanese YenFXCM

Description

Double Top/M Formation.
Confluence with an uptrend on a Higher Time frame.
Approaching Significant S/R Zone, confluence with 23.6 Fib level

Thoughts?

Comment

Update:
JPY Pairs are in a heavy sell, so I'm bearish on this pair now.
Gonna update the chart

Order cancelled

I'm taking the opposite of what I charted

Trade closed: target reached

Well damn, it worked out.
Lesson Learned: When someone tells you JPY pairs are in a heavy sell, do some due diligence because they probably don't know what they are talking about.
Comments
TradZ
First idea is always the worst idea ;) just messN but we must wait for "confirmation" b4 predicting
UnknownUnicorn614205
Lol yeah. Idea is already invalidated since Yen pairs are in heavy sell. I'm bearish on this pair now
TradZ
Nice;)
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