yashp1
Panjang

USDJPY potential long

OANDA:USDJPY   Dolar U.S/ Yen Jepun
32 0 2
I see usdjpy             forming a potential cup and saucer pattern on the weekly chart and at the same time it seems like it can make a good move to 118.18 in the coming weeks. The image attached is that of the daily chart showing a Fibonacci retracement to the 61.80% level.

Further more the move up from 105 to 118 (from nov 2016 to jan 2017) has broken the downtrend on the daily chart . This makes me think that the current price is a good level to enter.

The trade would be as follows:-

  • Place an order to buy at 115.12
    with a stoploss at 111.10
    a take profit lvl1 at 117.9
    take profit lvl             2 at 121.3

When the first target is hit, move the stoploss up to 116.8 and exit half of your position.

Trade safe. Manage risk well and don't get emotional.

Legal disclaimer:This is not to be taken as trading or investment advice in anyway, I am not responsible for you trading actions.
Malaysia
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Laman Utama Pengimbas Saham Pengesan Isyarat Forex Pencari isyarat mata wang Crypto Kalendar Ekonomi Bagaimana ia berfungsi Ciri-ciri Carta Peraturan Rumah Moderator Laman web dan Penyelesaian Broker Widget Perpustakaan Carta Stok Permintaan Ciri Blog & Berita Soalan Lazim Bantuan & Wiki Twitter
Profil Pengesetan Profil Akaun dan Bil Tiket Sokongan Saya Hubungi Sokongan Idea-idea yang diterbitkan Pengikut Mengikuti Mesej Peribadi Perbualan Log Keluar