Mulai
glennmercer

USDJPY Long: Potential Expanding Triangle, Bat, Missed Pivots

Pembelian
Dollar A.S. / Yen Jepang (FX:USDJPY)  
glennmercer Diupdate   
FX:USDJPY   Dollar A.S. / Yen Jepang
Bat Bullish Bat expandingtriangle missedpivot missedpivots Pivot Points unhitpivot unhitpivots Broadening Wedge glennmercer gmercerfx USDJPY
14
1
batpattern bullishbat expandingtriangle missedpivot missedpivots pivotpoints unhitpivot unhitpivots broadeningwedge glennmercer gmercerfx usdjpy
Hey traders! USDJPY is approaching a potential reversal zone that could spark a large bullish move. A bullish bat is nearing completion near the descending trendline. Missed weekly and unhit weekly pivots sit above price. The .382 fib is also confluent with the missed pivot from last week which may signify a nice supply zone. Movement past the 1.272 mark could mean further bearish movement so that's where I put the SL. Targets at the nearest weekly pivot and the missed pivot from last week. Entry near point X of the bat should price reach those levels. This entry is also confluent with the short-term descending channel shown in gray.
Komentar:
Price has entered PRZ. Playing this conservatively by waiting for a 15m close above trendline before activating entry.
Komentar:
Trade aktif:
Entry activated, SL below lows with same target. Yields a R/R of 14.8.
snapshot
Trading ditutup: stop tercapai:
Exit and wait for new signal

Ide yang Berhubungan

glennmercer
GBPCAD Long: Wolfe Wave at Critical Support
glennmercer
AUDNZD Long: Expanding Wedge Complete at Critical Level
glennmercer
NZDCAD Short: Wolfe Wave + Expanding Triangle at 50% Retrace
glennmercer
AUDUSD Short: 5-0 Pattern, Channel Res, 50DSMA, and Weekly Pivot
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.