tntsunrise
Long

USDJPY Wedge ABCDE Completed

FX:USDJPY   U.S. Dollar/Japanese Yen
2538 18 62
10 months ago
USDJPY             HEADING TOWARDS 120
The ABCDE of the Wedge is complete
Price is likely to rally up and break the wedge
Based on the price action
116.00 is tested and shows bullish signal.
SL: Below 116
TP : 120
10 months ago
Comment: nice rally. wedge broke
10 months ago
Comment: TP1 HIT. CLOSE HALF. Rest of position make it Break Even and let it run
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kopparam
10 months ago
they should allow to hit like as many times as they wish
Reply
jhakas
10 months ago
I posted this 2 days ago.. this is weekly chart.. with suppor trendline.. yesterday uj respected it nice.. and so far bouncing.. if uj is bullish then it has to take out 4hr candle close above 117.65 then doors will be open towards 121.. but if uj gives up 116 today then doors of 115 will be open and 115.5 i think will also give up..

UJ Buy Trade Idea with TP towards 121 and SL 116
+1 Reply
jhakas
10 months ago
uj offering both nice setups for sell and buy at same time.. with big huge pips both sides..
+1 Reply
tntsunrise TOP jhakas
10 months ago
YES! good job
Reply
jhakas
10 months ago
there is high possibility of uj to kiss 116.05 support again... good to buy from there with 10 pips sl. and if seller then good to keep sl. 117.25
Reply
tntsunrise TOP jhakas
10 months ago
from the pin bar formed at 0.618 level, i think it's going north
Reply
EL_KHIBRATTOR
10 months ago
Hey,

Should we wait the breakout of the wedge ?
Reply
tntsunrise TOP EL_KHIBRATTOR
10 months ago
sure u can. for confirmation
+1 Reply
EL_KHIBRATTOR tntsunrise
10 months ago
thank you and what's ur overview for the usd/cad ?
Reply
tntsunrise TOP EL_KHIBRATTOR
10 months ago
already short at 1.4650. it may test 1.34
+1 Reply
EL_KHIBRATTOR tntsunrise
10 months ago
thanks
Reply
Fibtree
10 months ago
when is it broken for you? I thought we would need more closes outside for it to be broken. But I would be happy is it broke already of course :)
Reply
tntsunrise TOP Fibtree
10 months ago
IN 1H CHART. I saw it broke. anyway i already longed at 117
+1 Reply
Fibtree tntsunrise
10 months ago
well you may be long but I was thinking to go long :) so its important to know if its broken or not :D
Reply
tntsunrise TOP Fibtree
10 months ago
confirmed broken
Reply
dchua1969
10 months ago
beautiful, too late to enter ?
Reply
Wesual
10 months ago
Still valid to join in? Will it hit 120?
Reply
tntsunrise TOP Wesual
10 months ago
still valid to join
+2 Reply
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