PAIR:- USDJPY
INSTRUMENT:- Forex
POSITION:- LONG
TIMEFRAME:- 30 minutes
STRATEGY:- S&R Lines on HTF, Bullish reversal candles, Fib level
REASON:- Multiple bullish reversal candlesticks appeared on 100% levels of fib, reacting as support, wicks indicating reversal indicating upside reversal from resistance.
On Fib level, TP @ 61.8%
S/R Lines @ 1W/1D/4H/2H/1HR to take entry in 30M tf
ENTRY:- CMP
TAKE PROFIT:- 137.027
STOP LOSS:- 135.526
RR:- 1:1.7
INSTRUMENT:- Forex
POSITION:- LONG
TIMEFRAME:- 30 minutes
STRATEGY:- S&R Lines on HTF, Bullish reversal candles, Fib level
REASON:- Multiple bullish reversal candlesticks appeared on 100% levels of fib, reacting as support, wicks indicating reversal indicating upside reversal from resistance.
On Fib level, TP @ 61.8%
S/R Lines @ 1W/1D/4H/2H/1HR to take entry in 30M tf
ENTRY:- CMP
TAKE PROFIT:- 137.027
STOP LOSS:- 135.526
RR:- 1:1.7
Trade closed manually:
closed the trade @ 136.79 with 416 in profit