USD/JPY Long 60
Updated
Hi
Seildev here. Today we're looking at USD/JPY (60) - Key level of support and resistance at 111.71. Either looking for break out above 111.80 or wait for the break out and buy long at retest of the pullback around 111.80.
- 111.71 key level of support and resistance
- Possible bullish triangle forming
- Support from 38% fib at 21st/June (Contracting)
- Support from 61% fib at 22nd/June (Contracting)
- Bullish Divergence
Safe trading everyone.
Seildev here. Today we're looking at USD/JPY (60) - Key level of support and resistance at 111.71. Either looking for break out above 111.80 or wait for the break out and buy long at retest of the pullback around 111.80.
- 111.71 key level of support and resistance
- Possible bullish triangle forming
- Support from 38% fib at 21st/June (Contracting)
- Support from 61% fib at 22nd/June (Contracting)
- Bullish Divergence
Safe trading everyone.
Note
Did not take the trade as it did not meet my entry rule.
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