morshedul.sazid
Long

UJ CYPHER ( STRUCTURE + EMA)

FX:USDJPY   U.S. Dollar/Japanese Yen
Hey traders! I have got all the reasons to long this pair at the completion. First of all let us look left for a second and identify the structure support which is just at the completion level which gives us pretty much confidence that price MIGHT reverse from there, Also if you look at the RSI we have already a bullish hidden divergence. EMA crossed over and will also act as support after it completes. Expecting a reversal to 118.362 first and then to 118.541.
I have also a similar setup in audjpy             . Cheers.
nicce idea....
+1 Reply
morshedul.sazid PooyaSalehipour
a year ago
Thank you :)
Reply
Hanu727
a year ago
Been looking at this pair as well. Good call on structure strategy.
+1 Reply
morshedul.sazid Hanu727
a year ago
Thank you mate :)
Reply
Trendliner PRO morshedul.sazid
a year ago
So, why not go short on this to the buy level?
Reply
morshedul.sazid Trendliner
a year ago
That is not written in my trading plan.
Reply
Trendliner PRO morshedul.sazid
a year ago
Because it would be going against the uptrend?
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morshedul.sazid Trendliner
a year ago
Yes. you can say so. and I always try to trade with the trend.
Reply
Trendliner PRO morshedul.sazid
a year ago
Thanks.
+1 Reply
Alexander_Nikitin TOP Trendliner
a year ago
You never know if the pattern completes.
+1 Reply
morshedul.sazid Alexander_Nikitin
a year ago
Correct.!!!
Reply
Hanu727
a year ago
I got stopped out on this one at 117.70.
Reply
arif_awan
a year ago
Its that simple.
+1 Reply
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