USDJPY BUY
Description on the chart.
1.Still in the uptrend, line hasn't been broken yet.
2.Price breakout of previous important resistance zone and several daily sideway candles.
3.Retesting breakout /support level and Fib 61.8 level of the breakout move.
4.Price didn't touch Fib 61.8 level of the last bearish move.
BUY STOP 111.27
TP 112.53 (1:2 RR and important level)
SL 110.65
1.Still in the uptrend, line hasn't been broken yet.
2.Price breakout of previous important resistance zone and several daily sideway candles.
3.Retesting breakout /support level and Fib 61.8 level of the breakout move.
4.Price didn't touch Fib 61.8 level of the last bearish move.
BUY STOP 111.27
TP 112.53 (1:2 RR and important level)
SL 110.65
Trade active
Trade closed: stop reached
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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.