rickyboobii

DOLLAR YEN CHANGE OF TREND @ TOP OF THE RANGE FOR GREAT R:R!

FX:USDJPY   미국 달러 / 일본 엔

Not much to do with this trade. Have been tracking when risk on would take profit and with SP topping near ATH's
and with FED hinting less rate cuts than expected I am ready to sell.

The 3 Slopes I Marked have been broken by the big red candle forming the lower LOW and breaking the 21 ema.
Not much else to do with this trade. I fib'd the move and the support now resistance marks exactly where I will
enter which is in the crucial 50- 618 fib zone. Putting stops above the high for an INCREDIBLE risk reward trade
Aiming TP1 at 106.70 area. Will watch for more trade war risk or brexit risk if I should stay longer.




Happy Hunting Happy Trapping
This should be an easy one..... hopefully :)
BooBii

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.