USDJPY- Another Buying Opportunity above 109.32

Apr 20, 2016

As previous updates - 108.74 crucial level discussed yesterday gave us buying opportunity & we are good in pips. The rise from 108.76 looks impulsive & If crosses 109.32 could be opportunity to add longs & going above 109.48 can give us confidence for bullish scenario. Regards

Apr 20, 2016

Trade active

we could see target as 110.30--110.40 if crosses above --we can look out for 110.40--111.50. Regards,
Abhishek

Apr 20, 2016

Note

Next Target above 110.30--110.40 is 111.40--111.50.

Apr 20, 2016

Note

All dollar pairs will make you crazy...look at USDCHF since the time we went long in USDJPY....USDCHF ...(Bulls are playing the game)...Vow

Apr 20, 2016

Trade active

108.74--108.76 is strong support zone.

Apr 20, 2016

Trade closed manually

We shall book at previous high@109.48 or close by (16 pips) and exit.....as prices going below 109.18 can take us to new low@108.45 --108.50. Thanks & Regards

Apr 20, 2016

Note

Overall I am bullish for larger targets as mentioned earlier 110.30--110.40 & 111.50 but a possible correction to 108.45--108.50...so this whole setup is bullish. I am trader so i will look to add at every retracement