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abasmsd
20 sept. 2018 04:43

long USDJPY at the pullback to 112 Long

U.S. Dollar/Japanese YenFXCM

Description

Buy = 112
SL = 111.9 (only 10 pips)
TP1 = 112.42
TP2 = 112.8

Signal for buy
1. 50-61.8% retracement of last bullish move
2. near the bullish trend line in 4H chart
3. round price at 112
4. Support level according to chart

if this trade doesn't work, wait for buy USDJPY around 111.7 which is the second area support level.

Commentaire

First target hit. closed half and move the stop loss to entry (breakeven).

Trade fermée: cible de profit atteinte

Now USDJPY is near the second target. We can close rest of position at this time.

Profit = +80 pips

Plus