USDJPY
could continue to trade inside the consolidation range between 112.200 and 113.320. We could play a short term bounce and go LONG from 112.200 with 3 Fibo Targets for Take Profits. Closing out 60% of position on a hit of Target #1, letting 40% ride. Then on a hit of Target #2, close out 50% of the remaining position and let other 50% ride to Final Target. Keep a tight Stop at 111.900. Pending Buy Order at 112.200
Stop at 111.900
TARGETS
Target #1 - .786 Fibo @ 112.450
Target #2 - .618 Fibo @ 112.630
Final Target - .5 Fibo @ 112.765
Published on 10/11/2017
Trade active:
Trade was activated a couple sessions ago.
Trade closed: stop reached