We can see a trend and a correction on USDJPY. The correction trend-line has broken to the upside and I have entered a long (buy) position at the current pullback level. This is a C wave trade.
Tp 1: 110.030
TP 2: 110.200
Should the previous high break, I have a target of 111.000
Tp 1: 110.030
TP 2: 110.200
Should the previous high break, I have a target of 111.000
Commentaire:
TP1 and TP2 have both been achieved and I closed partial positions there. My remaining position SL is just above entry and is a risk free position now.
Trade fermée: cible de profit atteinte:
TP1 and TP 2 were achieved. The balance of my position was closed at break even.