USDJPY breakout may trigger a rally towards 108 zone

FX:USDJPY60

U.S. Dollar/Japanese YenFXCM

Description

⋅ Apr 12, 2018 12:19 PM

After the breakout we plan a long position targeting 108 area.

Trade closed: target reached

⋅ Apr 20, 2018 10:47 AM

Taking some profit of the table at 107.70. We still think that 108 level will be tested.

Trade closed: target reached

⋅ Apr 23, 2018 12:23 PM

Tp2: +122 pips at 108,20
Holding small amount of the position for further targets

Trade closed: target reached

⋅ Apr 24, 2018 11:30 AM

Closing the remaining part +185 pips.

Comments

mrmataraci

⋅ Apr 13, 2018 5:35 AM

Safe and steady

TradZ

⋅ Apr 12, 2018 12:57 PM

Nice strategy BUT why not already been in this trade, do you see how bullish higher time-frames are!? MACD already crossed on the 3hr and bound to cross on the 4hr soon enough but hey! we all have our own style 0f trading ;D
Keep it up!

FXTurkey

⋅ Apr 12, 2018 1:04 PM

@TradZ, well you answered your own question :) We all have our own plan. Thanks for the comment.

Fxazarbaijan

⋅ Apr 12, 2018 12:46 PM

YOU ARE BEST