USDJPY Long
Updated
Long stop order outside the upper BB (along the previous blue fib line 2 days ago), with tight SL near middle BB and TP on recent high few pips above R1 pivot line. This is in line with bullish movement on higher time frame charts and strong sentiment on USD regarding higher probability of Fed rate hike this month.
actionforex.com/action-insight/usdjpy-outlook/usdjpy-mid-day-outlook-20161202276876/
W:
D:
actionforex.com/action-insight/usdjpy-outlook/usdjpy-mid-day-outlook-20161202276876/
W:
D:
Trade closed: stop reached
This pair reversed last midnight (while I'm still asleep). Should have made the TP more conservative and tighter so it would have been hit by the shooting star candlestick, my bad :(
Related publications
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.