FX_IDC:USDJPY   US DOLLAR / YEN
118 5 15
9 months ago
Looking at the inverted hammer on the daily chart with todays open above the Friday close I can see this as a short term reversal opportunity for a long entry trade. Watching the hourly chart for an entry. Entry on reversal pattern or break of trend line . (I've taken small position now keen to get the week started. :) )
9 months ago
Comment:
snapshot
9 months ago
Comment: double will add 2nd target if I get an entry on this.
snapshot
9 months ago
Comment: For better or worse trade active with 2 targets. (Low conviction as resistance level of double bottom is not a major level)
snapshot
9 months ago
Comment: profit take position 1. position 2 even. Trend in place and advancing rate.
snapshot
9 months ago
Comment: Risk off. manually taken profit on position 2. May look to go long at retracement, will update in a new post if position taken.
snapshot
Trade closed.....
MarlyForex
9 months ago
nice chart!
+1 Reply
tst MarlyForex
9 months ago
Thanks, much appreciated .
Reply
MassivePips
9 months ago
Reversal around 107.00 area
Reply
tst MassivePips
9 months ago
yeah probably right, I need a close above the 50ma.
snapshot
Reply
tst
9 months ago
stop moved to in front of entry for positive trade exit now. Trail the 50ma on 1 position.
snapshot
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