USD/JPY - Maybe Possible at 4th Week February -> March in 2021
Hi Welcome !!
I just made a discover on Daily timeframe for long-term trade
I thought maybe I should to share this to Fellow Traders in Tradingview for any kind of feedback
Here are some speculation been made :
- The Trend is Bullish Daily Timeframe (Uptrend).
by considering only 20 EMA Line
- Last 2 Pullback are not touching the 20 EMA Line (light blue line).
- 20 EMA crossed the 50 EMA line
Still need either below 2 condition need to meets for long entry :
A :
- need a "Bullish Reversal" Pattern to appear next 2 candle stick
- Hoping Next one or two Candle Body Are not touching the 20 EMA line
B:
- a sign of showing "Sell Rejection"
- Hoping Next one or two Candle Wick Are Dipping 50 EMA line or 20 EMA line
Things need to wary when holding position :
- if not closing on TP 1 :
- to anticipate head & shoulders pattern formed
- better set trailing stop of half of TP 1
- for Holding TP 2 to next TP:
- hoping 20 EMA & 50 EMA crossed the 200 EMA
I am really hoping this will happen but still one of the possible long position hold idea, but still few condition to need meets before placing trade.
I was wondering is this a good idea or I am just imagination for earning pips at trading?
Maybe tell me what do You think about this by leaving comment below.
Hoping that I may know what i lack of in my analysis.
Lastly Thank you so much for Your time reading this & coming here.
Warning :
- Any trade made by trader goes by this idea are not responsible of the author
- This is just made for educational content
- This is just one of author personal note that are publish to public
There is a saying - "Trade Ur Own Risk"
I just made a discover on Daily timeframe for long-term trade
I thought maybe I should to share this to Fellow Traders in Tradingview for any kind of feedback
Here are some speculation been made :
- The Trend is Bullish Daily Timeframe (Uptrend).
by considering only 20 EMA Line
- Last 2 Pullback are not touching the 20 EMA Line (light blue line).
- 20 EMA crossed the 50 EMA line
Still need either below 2 condition need to meets for long entry :
A :
- need a "Bullish Reversal" Pattern to appear next 2 candle stick
- Hoping Next one or two Candle Body Are not touching the 20 EMA line
B:
- a sign of showing "Sell Rejection"
- Hoping Next one or two Candle Wick Are Dipping 50 EMA line or 20 EMA line
Things need to wary when holding position :
- if not closing on TP 1 :
- to anticipate head & shoulders pattern formed
- better set trailing stop of half of TP 1
- for Holding TP 2 to next TP:
- hoping 20 EMA & 50 EMA crossed the 200 EMA
I am really hoping this will happen but still one of the possible long position hold idea, but still few condition to need meets before placing trade.
I was wondering is this a good idea or I am just imagination for earning pips at trading?
Maybe tell me what do You think about this by leaving comment below.
Hoping that I may know what i lack of in my analysis.
Lastly Thank you so much for Your time reading this & coming here.
Warning :
- Any trade made by trader goes by this idea are not responsible of the author
- This is just made for educational content
- This is just one of author personal note that are publish to public
There is a saying - "Trade Ur Own Risk"
Dagangan ditutup: sasaran tercapai
Well TP 1 & 2 ReachedWill it move to TP 3 ?
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.