MEX_Exchange
Short

USDJPY profit target reached perfectly, prepare to sell

FX:USDJPY   U.S. Dollar / Japanese Yen
Sell below 112.70. Stop loss at 113.41. Take profit at 110.98.
Reason for the trading strategy (technically):
Price has reached our profit target from previously. We look to sell below major resistance at 112.70 ( Fibonacci retracement , Fibonacci extension , horizontal overlap resistance) for a push down to at least 110.98 support ( Fibonacci extension , Fibonacci retracement , horizontal overlap support).
Stochastic (34,3,1) is seeing major resistance at 97% where we expect a strong drop from.
Comment: Did we freaking kick ass on this trade or what guys?!
Trade closed manually: I think it'll be good to close 60% position and move the rest to breakeven :)
Comment: reason being, it is never good to hold a trade over the weekend after NFP. Personal opinion of course haha.
https://telegram.me/fxtradingroom --> join the waiting list for our free live trading room!
Right on!
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GREAT!!!!
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True ...great work
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Well, you are simply awesome. Thank you
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Magnificent!!
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:) you did
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Crazy!!
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I followed mostly of ur signal and ended many pips in the pocket.good job and keep it up
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Thank you!
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Also waiting and watching, been waiting for the reversal for a while now, rather see the confirmation first before I sell.
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