QuileHills
Long

USDJPY Buy Stop If Support Holds

FX:USDJPY   U.S. Dollar/Japanese Yen
352 7 5
10 months ago
I had previously noted USDJPY's approach to this fib support correlating with RSI approaching oversold on both the 1H and 4H charts.

Since that is now the case I'll be watching for the pair to accept this support and head back to the trend resistance.
10 months ago
Comment: This pair may be at the point of invalidation for this particular trade set up.
king.cholette
10 months ago
agreed !
+1 Reply
QuileHills king.cholette
10 months ago
Who knows where the pair will find it's next support if this one fails?
Reply
king.cholette QuileHills
10 months ago
110.661 ?
Reply
TradZ
10 months ago
Looks Like a reversal starting right about now?
Reply
TradZ
10 months ago
I spoke to soon lol
Reply
QuileHills TradZ
10 months ago
It's best to get a sustained confirmation of the support acceptance within a reasonable distance from the support. You'll notice my entry level for the buy stop was just above an open and close of some recent 4H candles.
Reply
Fatary QuileHills
10 months ago
please post sir..
Reply
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