USDJPY towards 107.15 Long

U.S. Dollar/Japanese YenFXCM

Description

⋅ May 7, 2020 2:52 PM

USD/JPY touches the strong support at 106.00 and started the uptrend. Both TP1 and TP2 are hit in the morning session. Let's make another move...

TP1: 106.85
TP2: 107.15
SL: 106.25

Disclaimer: This is not financial advice. Use your analysis before placing orders. Please like or comment, if you like it. Thank you.

Trade active

⋅ May 11, 2020 3:56 AM

TP1 hit, first target achieved.

Trade active

⋅ May 11, 2020 5:06 AM

Set SL to TP1

Trade closed: target reached

⋅ May 11, 2020 6:50 AM

TP2 hit 🤑

Comments

ninjaforecast

⋅ May 11, 2020 6:51 AM

Thank you guys for trading with me. We hit both TP1 and TP2.

SalmounHaytam

⋅ May 11, 2020 7:32 AM

@ninjaforecast, do u think it will still go up or not ??

ninjaforecast

⋅ May 11, 2020 7:51 AM

@SalmounHaytam, *careful*, there is strong resistance at 107.32/35 area. If it is broken, we will see 107.60/65 area.

SalmounHaytam

⋅ May 11, 2020 7:54 AM

@ninjaforecast, thanks we will be waiting to see what happens

ninjaforecast

⋅ May 11, 2020 10:29 AM

@SalmounHaytam, it's safe to take profit now... there must be some pullback from 32/35 area.

charleskhoza

⋅ May 9, 2020 10:42 AM

What do you think about an inverse head and shoulders there bro ...

ninjaforecast

⋅ May 9, 2020 4:35 PM

@charleskhoza, Watch for 106.40 area, if fall below downtrend starts for a short term.