martin7
Long

USDJPY long after failed lower low

FX:USDJPY   U.S. Dollar/Japanese Yen
121 4 3
USDJPY             broke to the upside the downside trend it had with a strong engulfing bullish candle.

I see a doble bottom in the 106.50 area and also a higher low than last low of 105.80 made at the beginning of may.

Stop of 40 pips with 1st target at 80 pips at 107.88 and 2nd target at 108.50

Grat risk reward,

Trade safe traders, regards! ;)
MilOudAmgHar
5 months ago
thank you i agree
Reply
martin7 PRO
5 months ago
Looking to add to my longs if we break the downtrend were the retracement is inmersed
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martin7 PRO
5 months ago
snapshot
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martin7 PRO
5 months ago
Both longs got stopped at break even, trade safe traders, regards!

snapshot
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