[USDJPY 2.5% LONG] Entry point + Trading w/ Spectro™ M
This trading strategy is using Spectro™ M
The blue background means a reversal zone.
We see many of those "RED TRIPLE TRIANGLES" which mean that Spectro™ M confirmed a reversal consensus on more than 20 indicators.
As you can see it predicts very good reversal points before the reversal happens.
I like simple trading, the channel formed is easily seen and we are much closer to a support than a resistance, therefore more upside than downside.
There are no Spectro™ M signals or alerts, but hey life isn't all about automation, right?
Entries from 110.6 to 110 seems to be fine. You might not want to buy 100% of your position at once, just in case it drops a little bit more you will be able to buy some more getting a better avg entry price.
Targets around 112.6 would be safer and hopefully 113.6 :)
Liked it? Give it a shot at, it's really affordable - you wouldn't believe if I told you: hypester.org/spectro-indicator/
The blue background means a reversal zone.
We see many of those "RED TRIPLE TRIANGLES" which mean that Spectro™ M confirmed a reversal consensus on more than 20 indicators.
As you can see it predicts very good reversal points before the reversal happens.
I like simple trading, the channel formed is easily seen and we are much closer to a support than a resistance, therefore more upside than downside.
There are no Spectro™ M signals or alerts, but hey life isn't all about automation, right?
Entries from 110.6 to 110 seems to be fine. You might not want to buy 100% of your position at once, just in case it drops a little bit more you will be able to buy some more getting a better avg entry price.
Targets around 112.6 would be safer and hopefully 113.6 :)
Liked it? Give it a shot at, it's really affordable - you wouldn't believe if I told you: hypester.org/spectro-indicator/
Trade closed manually:
I'm a little insecure about this trade so I just closed my position at +0.5% profit.
