USDJPY My first idea. All comments welcomed!
I did this analyse with Fibonacci retracement tool and you can also see the trendline channel in this chart.
TP calculated with Fibonacci extension.
It feels like sellers can't get enough momentum to break this uptrend, which is why I decided to draw this.
I also did similar drawings with other time frames and they support this idea.
Also, Ichimoku indicator supports this idea (partially at least).
Please comment. (I know I suck, really hard trying to learn :))
TP calculated with Fibonacci extension.
It feels like sellers can't get enough momentum to break this uptrend, which is why I decided to draw this.
I also did similar drawings with other time frames and they support this idea.
Also, Ichimoku indicator supports this idea (partially at least).
Please comment. (I know I suck, really hard trying to learn :))
Transaction en cours
Before going to sleep I set buy limit order at 103.70 and sl 103.40.Woke up to cool +14pips.
DEMO
Trade fermée: ordre d’arrêt atteint
If closed at top would've made 38pipsWent back down and reached SL
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.