mcpeacocks

UJ continue to be short, but looking at 108.75 for long

mcpeacocks Diupdate   
FX:USDJPY   Dollar A.S. / Yen Jepang
although 110 could be tough nut to crack, there is an ab-cd move completion at 108.75 area, as well as a daily MA in the region (currently at 108.48) and the 50% retracement from the last long leg up from 100 level to 118.5

placing buy order with stops under the aforementioned MA
Komentar:

there is also a channel bottom - so a confluence of 4 'indicators' if you will to support this trade idea.
good luck
appreciate the feebback
Trade aktif:
TP on my short was hit, and now long

Komentar:
partially TP with 300pips in the bag on the long.
Trading ditutup: target tercapai
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