hadesduke
Long

USDJPY AB=CD Completion Long

FX:USDJPY   U.S. Dollar / Japanese Yen
38 0 0
In the 4H chart, USD/JPY             completes a down trend AB=CD around 120.20.

Enter Long position at 120.20; Target: 123.5; SL:119.80

A key area to watch out: 121.50. This is the 61.80% of the up-trend. If there is any big pullback in this area, it would be a confirmation that this is only a retracement of long term down-trend.

If the price goes above 123.80 (previously high), then buy at any pullback, targeting at 125.20.

Overall, it is a monthly plan, needs a lot of patience.
Trade active: Buy at 120.20
Trade closed: stop reached
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out