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betanajc
Apr 4, 2018 9:06 AM

UJ Long Long

U.S. Dollar/Japanese YenFXCM

Description

I was previously bearish on this setup, but I have seen strong bullish momentum lately which changes by bias.

Trade is now entered after a doji formed that respected the trendline and my previous bullish confluence stack.

Comment

Last 2 candles have long bottom wicks - sellers are being exhausted?

Trade closed manually

Closed it. Price hit a 50% Fib ratio and 4H level. A bearish variation has formed on the 15 minute chart so I'm protecting my capital now.

Looking at other markets for the meantime. Everything is so slow on UJ.

Trade closed: target reached

Reached my target but I closed to early. That was a mistake.

Remind me to wait for closes on the hourly before closing??? Must work on my psychology, boys!
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