Jroge107

EURJPY: Keep It Simple

Длинная
Jroge107 Обновлено   
FX:EURJPY   Евро / Японская иена
Stop below the highlighted area & the blue trend, target is the 1.272 fib extension. Buy limit entry or a lower timeframe bounce.
Комментарий:
Moved stops in profit. Nice break above structure and a good looking bullish candle too. Fib extension off the most recent bounce adds confluence to our target price, since the 1.618 and 1.272 align nicely.
Комментарий:
*EDIT* with the 4hr candle closing shortly, if it does not close higher than the previous candle wick we could see a retracement down to the cyan line, adjust your stops accordingly.
Комментарий:
I didn't get the opportunity to make the update on here to close out the trade early, but you can't be perfect all the time. Assessing the daily chart; i think we could see an even larger move to the upside. Find it interesting that yesterday's gigantic bearish candle couldn't touch the .786 fibonacci retracement as well as today's open price came in, once again, above the .786 fib. Long term the possibility to continue up to the region around 139.5 is out there.
Отказ от ответственности

Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.