Get started
leeweechong

UJ ABCD Pattern and 618 Retrace Complete

Long
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
leeweechong Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
ujsdjpy
10
0
ujsdjpy
Not considering geo-political tensions and Trump's trash talk. UJ has completed ABCD and 618 retrace on the daily chart. Let's see where this goes.
Trade active
Comment:
Price hit entry point with PA to confirm. ABCD and bottom of channel
snapshot
Trade active
Comment:
DXY ABCD completing. This, along with XAUUSD at the top of the channel should see UJ reaching 618 of the daily chart ABCD pattern
snapshot
DXY Pay attention to this AB=CD
Trade closed manually:
Trade close for French election. 440pips.
Comment:
I plan to long UJ after the French election for a final target of 114 and beyond
Trade closed: target reached:
New target hit.. way too quick to reach 114. With this momentum, it will go on to 116 where Fib 618 is.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.