TradingView
Mayvune
Oct 3, 2016 1:25 AM

USDJPY - Blue Candle Entry Long

U.S. Dollar/Japanese YenFXCM

Description

While holding this support Area and forming a nice Bottom here-
Followed by this nice Setup of Blue Candle and Gray Confirmed Reversal (high probability setup) which gives us the equityrisk of 2.5% with this nice R/R level

Trade active

Stop moved up and took some off at previous Resistance Dots see to the left. at 102.875

Trade active

We can take some off again here - Resistance Spot atleast hold 70% of the inital position and move SL higher

Comment

2 new TP areas to take some off - The Volume Profile gives us some good exit points also marked on the price scale with the Horizontal Line

Trade active

Holding 60% of my inital Position -> next TP target aswell 10% off and the 50% remaning for final TP Target

Trade active

Trade closed: target reached

More