USDJPY: PLANS FOR NEXT WEEK
Traders:
This is a clear channel movement inside the big yellow channel where UJ has finished a 3 waves movement.
If there is another 2 waves left, I would prefer to anticipate it move like yellow ABCDE, which makes C-D-E as a bottom consolidation.
Obviously, UJ finished another small 3 waves in the last purple channel and now you can see a RSI DIV at the bottom.
This is a safe trip if you long UJ from 112 around to 112.6 for 60 pips.
This whole pic could be a CYPHER for UJ too, which I don't usually show in my chart as I believe channel strategic with fibo seems more predictable and effective to me.
Finally, here are the plans:
A. long trade
EN:112
SL:111.5
TP:112.6
R/R:1.2:1
If you want to hold it till CYPHER D, better wait a double test of 112.
B. short trade
EN:112.6
SL:113
TP:111.5
R/R:2.25:1
Less is more!
This is a clear channel movement inside the big yellow channel where UJ has finished a 3 waves movement.
If there is another 2 waves left, I would prefer to anticipate it move like yellow ABCDE, which makes C-D-E as a bottom consolidation.
Obviously, UJ finished another small 3 waves in the last purple channel and now you can see a RSI DIV at the bottom.
This is a safe trip if you long UJ from 112 around to 112.6 for 60 pips.
This whole pic could be a CYPHER for UJ too, which I don't usually show in my chart as I believe channel strategic with fibo seems more predictable and effective to me.
Finally, here are the plans:
A. long trade
EN:112
SL:111.5
TP:112.6
R/R:1.2:1
If you want to hold it till CYPHER D, better wait a double test of 112.
B. short trade
EN:112.6
SL:113
TP:111.5
R/R:2.25:1
Less is more!
Transaction en cours:
long trade
EN: 112
EN: 112
Commentaire:
Commentaire:
Descending channel broke and one green bar to confirm the bull turn over.
Trade fermée: cible de profit atteinte:
to1
Commentaire:
even thought tgt1 achieved, there is no signals out and short trade in.
so we would just hold it for a while to see if wave 3 can make UJ higher.
so we would just hold it for a while to see if wave 3 can make UJ higher.
Commentaire:
i decided to close the long trade at 112.64.
Waiting for other entry signals.
Waiting for other entry signals.
Commentaire:
so the 64 pips for the first short trade.
Commentaire:
typing mistake, 64 pips for the first long trade.
Transaction en cours:
and plan b active at 112.68
Commentaire:
38 pips now.
Trade fermée manuellement:
112 again.
Commentaire:
Commentaire:
getting close to the targest./
waiting for a second chance?
waiting for a second chance?
Commentaire:
Trade fermée: cible de profit atteinte
