USDJPY long scalp Idea: waiting for retrace on UJ
Updated
USDJPY long scalp Idea: waiting for retrace on UJ
This pair has moved up a LOT recently.
Going long now is risky, but I think it has one more bounce left in it.
Trade idea uses the Monthly and Weekly pivots as support.
The ''Fib Zones'' (grey lines) mentioned above are form my periodic Support/Resistance analysis
If you are not familiar with 'Pivots' or what exactly I mean by them, check this Idea:
This pair has moved up a LOT recently.
Going long now is risky, but I think it has one more bounce left in it.
Trade idea uses the Monthly and Weekly pivots as support.
The ''Fib Zones'' (grey lines) mentioned above are form my periodic Support/Resistance analysis
If you are not familiar with 'Pivots' or what exactly I mean by them, check this Idea:
Trade closed: target reached
Target hit but WITHOUT me :(Oh well, at last the analysis was correct.
Next time the entry might present itself.
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.