Hey Traders hope everyone has a good start of the week,
we are starting strong over here with a long trade on USDJPY. Pulling out our Fibonacci from the last low to the high we see price clearly bouncing back from the 0.61 key level. This is the level where we enter with a very low risk, because there is no level behind this. Another reason is that we are looking at a real longterm uptrend and price retraced the 2rd time (mentioned in the two blue boxes) at this point. First take profit for this trade will be the last high at 113.200 and another one even higher at 114.500.
Lets start this week strong.
we are starting strong over here with a long trade on USDJPY. Pulling out our Fibonacci from the last low to the high we see price clearly bouncing back from the 0.61 key level. This is the level where we enter with a very low risk, because there is no level behind this. Another reason is that we are looking at a real longterm uptrend and price retraced the 2rd time (mentioned in the two blue boxes) at this point. First take profit for this trade will be the last high at 113.200 and another one even higher at 114.500.
Lets start this week strong.
Transaction en cours
Holding this long.Note
Price comes near take profit.Trade fermée manuellement
Just closed the trade with good profits.
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.