USDJPY - no rush, there are many pips available in each case ;)
I don't think UJ is ripe for shorts yet. See daily chart for major levels and 15m chart for nice cup&handle development. C&H is suggesting 113.00+ level in case it will succeed.
Depending on Monday development, I might be looking for longs from above 111.70, if it will get broken.
So, currently neutral, with slightly bullish view :)
But if (when) it will turn south, I expect short to 107.50 area (and thus following 0.618 -> -0.618 scenario - marked with white and yellow Fibonacci levels).
Daily chart:
15m cup&handle:
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Depending on Monday development, I might be looking for longs from above 111.70, if it will get broken.
So, currently neutral, with slightly bullish view :)
But if (when) it will turn south, I expect short to 107.50 area (and thus following 0.618 -> -0.618 scenario - marked with white and yellow Fibonacci levels).
Daily chart:
15m cup&handle:
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Trade active:
Fingers itching :)
I triggered small long on breakout.
I triggered small long on breakout.
Comment:
Half closed, half on BE.
Comment:
And another long on "breakout" (110.86).
Trade closed: stop reached:
Wow :)
One SL hit with profit, another with loss, net 5+ (plus previous half one).
One SL hit with profit, another with loss, net 5+ (plus previous half one).
