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Yuriy_Bishko
Oct 8, 2018 6:39 AM

USD/JPY Trading Plan Long

U.S. Dollar/Japanese YenFXCM

Description

I think about Long position after pullback to Mirror level 111.13, because:

1. Long — Term trend is bullish.
2. US Dollar increase it's price against Major currencies (EUR, CHF, CAD, AUD)
3. Near that level (111.13) will be low risk and potential profit in 5 – 7 times bigger than a risk.
4. Goal will be 11 month maximum 114.74


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Comment

Price is near key level. I wait for fake break of 113.13

Comment

Price Hit key level. I wait for fake broke

Comment

D1 candle closed upper key level

I opened a Long position
Comments
FXCM
I agree with your bullish view on USDJPY. Our trading signal idea is also of the same bias. It bounced off its support at 112.82 where we expect a further move up. Here’s our idea!
Yuriy_Bishko
Write down, what you think about USD/JPY
VirusCoMz
@YuriyBishko, It can go back to 120.000 on this year ?
Yuriy_Bishko
@VirusCoMz, yes it can
do you have open position?
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