USDJPY - DOUBLE BOTTOM Long

U.S. Dollar/Japanese YenFXCM

Description

⋅ Jun 21, 2016 6:35 PM

USDJPY has created a double bottom on 4hr chart. MACD indicator also has a bullish divergence. A long position is recommended.
Trade plan:
- Buy at market.
- Target 106.00 and 107.50
- Stop loss 103.50

Stay Tuned.

Comment

⋅ Jun 23, 2016 11:17 AM

120 pips so far.