KamalFX
Short

Possible retracement off previous support on USDJPY

FX:USDJPY   U.S. Dollar/Japanese Yen
Here we have previous support meeting the 0.382 FIB level. I will wait for candle stick confirmation via possibly a doji or an engulfing.
Looks good lets see
Reply
KamalFX KevinSinghDhaliwal
a year ago
Thanks kevin, sorry about the late reply I have been out of the country, as you can see price just about touched my stop loss, luckily though, on my live account I set my stop loss a few pips higher and price hit my target.
Reply
Fx-synergy
2 years ago
This Area is a critical area for the $yen. this pair may have run out of breath to the upside. But there is strong indication that this is just a retracement before a last 5th wave of the grand cycle to the 127-129 mark a possible extension to the 1.3500 teritorry. , and then we should see a strong move to the down side breaking all previous lows within the next couple of years... in the short term, this is a good set up Kamal.
Reply
KamalFX Fx-synergy
a year ago
Thank you for your feed back, sorry about the late reply I have been out of the country, as you can see price just about touched my stop loss, luckily though, on my live account I set my stop loss a few pips higher and price hit my target. Also, I agree with your long term point of view.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out