#USDJPY Long Trade (Structure, 50SMA, Harmonics) Long

U.S. Dollar/Japanese YenFXCM

Description

⋅ Mar 31, 2015 12:16 PM

#USDJPY Long Trade (Structure, 50SMA, Harmonics)

@TradeYodha (TradeYodha.com)

1. 50 SMA in zone
2. Structure now support
3. harmonics
4. possible 3 drives pattern

I would love to hear your opinion, feel free to agree or disagree in your comments. Please give it a (thumsup) if it makes any sense.

Comments

TradeYodha

⋅ Apr 1, 2015 9:35 AM

Update: Target 1:1 achieved

TradeYodha

⋅ Apr 1, 2015 7:44 AM

Update: We are bouncing off the zone

TradeYodha

⋅ Mar 31, 2015 2:29 PM

Update: On the initial analysis we have a Cypher Building up too

TradeYodha

⋅ Mar 31, 2015 12:59 PM

A cypher is also forming close to the zone. Wait for the confirmation in the zone as the price is not yet oversold