USDJPY long - End of the correction Long

U.S. Dollar/Japanese YenFXCM

Description

⋅ Oct 25, 2013 1:07 PM

- USDJPY broke out a year ago
- Bull run took 9 months
- 3 month triangle consolidation
- 50 MA almost flat and above the mid-line (98) of triangle
- USDJPY is creating a base between 97-100 and ready to break out and continue the trend

Entry: 97.30
STP: 95.50
TGT: 103+
Risk/Reward ratio: 3.16

Comments

nayach.alniswan

⋅ Oct 30, 2013 9:30 AM

Good Work , I am Call and waiting the result I hope the 3 white soldier complete today to confirm the direction of trading .

Fxgump

⋅ Oct 25, 2013 7:07 PM

first target 105

adam234

⋅ Oct 25, 2013 1:14 PM

egyetértek jól mondod