USD/JPY : BULLISH TREND Long

U.S. Dollar/Japanese YenFXCM

Description

⋅ Nov 30, 2015 11:41 AM

Price has break resistance at 122.92 and moving on to target 1 at 123.03.

Target 1 has achieve at 123.03, now looking for target 2 at 123.25 and target 3 at 123.61.

TP 1 : 123.03 (Achieve)
TP 2 : 123.25
TP 3 : 123.61

SL at : 122.47

Comment

⋅ Nov 30, 2015 4:59 PM

Target 1 and 2 has achieved!

TP 1 : 123.03 (Achieved)
TP 2 : 123.25 (Achieved)
TP 3 : 123.61

Comment

⋅ Dec 1, 2015 3:37 PM

Now it seems that the price didn't reach the third target level at 123.611 and instead has retraced down to 61.8% Fibonacci at 122.698. If the price breaks the 61.8% Fibonacci, then it will be a bearish downtrend move.

Comment

⋅ Dec 2, 2015 2:34 PM

Now i believe that USD/JPY is still in UPTREND. Looking forward to hit the third TP target at 123.611

Image chart :

Trade closed: target reached

⋅ Dec 2, 2015 5:29 PM

THIRD TP TARGET REACHED!

GOOD NIGHT!