USDJPY Long: Ending Diagonal in Watch Zone

Is the ending diagonal complete? I have reason to believe so, based on the pop we just saw off of the bottom parallel. A drop below this level would require a recount. Therefor, stop is placed tightly below. Two targets stand on the chart. One is placed at ((a))=((c)) in a potential zig-zag. Another is placed at the completion of a potential bat pattern. There are many targets further up, but we'll focus on these two for now. Happy trading!

Transaction en cours

Commentaire:

Great bounce! Moving my stop to break even and letting it run. Good luck all

Commentaire:

Trade fermée manuellement:

Breakeven on this trade, +0 pips. I still like a long position, though. I'll be looking for re-entry