PAIR:- USDJPY
INSTRUMENT:- Forex
POSITION:- LONG
TIMEFRAME:- 30 minutes
STRATEGY:- S&R Lines on HTF, Bullish reversal candles, Fib level
REASON:- Multiple bullish reversal candlesticks appeared on 100% levels of fib, reacting as support, wicks indicating reversal indicating upside reversal from resistance.
On Fib level, TP @ 61.8%
S/R Lines @ 1W/1D/4H/2H/1HR to take entry in 30M tf
ENTRY:- CMP
TAKE PROFIT:- 137.027
STOP LOSS:- 135.526
RR:- 1:1.7
INSTRUMENT:- Forex
POSITION:- LONG
TIMEFRAME:- 30 minutes
STRATEGY:- S&R Lines on HTF, Bullish reversal candles, Fib level
REASON:- Multiple bullish reversal candlesticks appeared on 100% levels of fib, reacting as support, wicks indicating reversal indicating upside reversal from resistance.
On Fib level, TP @ 61.8%
S/R Lines @ 1W/1D/4H/2H/1HR to take entry in 30M tf
ENTRY:- CMP
TAKE PROFIT:- 137.027
STOP LOSS:- 135.526
RR:- 1:1.7
Trade closed manually
closed the trade @ 136.79 with 416 in profit
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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.
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.