Get started
U.S. Dollar / Japanese Yen
Long
Updated

Buy USDJPY

128
Buy this symbol in pullback to broken resistance level. We get the good signal in 4H chart according to bullish engulfing candle.

Entry : 109.97
Stop : 109.65 (30 pips)
Tp1 : 111 (100 pips)


[img] snapshot [img]
Note
Move stop to 110.12

[img] snapshot [img]
Note
Move stop to 110.33

[img] snapshot [img]
Note
Trailing Stop reached. But we can get 35 pips profit.
Profit : +35 pips

Now we can buy again according to head & shoulder pattern in 4H chart.

[img] snapshot [img]

Entry : 110.4 (Now)
Stop : 110.2 (20 pips)
TP1 : 110.8 (40 pips)
TP2 : 111 (60 pips)

We get buy signal in 1H chart according to bullish pin bar at key support level and MA100 in 1H chart.
[img] snapshot [img]
Trade closed: stop reached
Stop reached.

Profit : -20 pips

[img] snapshot [img]
Cybertron
cybertronpullbackTrend AnalysisUSDJPY

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
cybertronpullbackTrend AnalysisUSDJPY
Cybertron

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.