Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
USDJPY SELL based on trend line + fib retracement
U.S. Dollar / Japanese Yen
Short
USDJPY SELL based on trend line + fib retracement
By LarryBal
Follow
Follow
Updated
Oct 2, 2019
5
Sep 30, 2019
Price respected the trend line + fib level of 78% and continues to respect 71%, following this pattern we should expect a nice down movement for UJ
Oct 2, 2019
Trade active
Price finally dropped, I recommend putting SL above 78 for a swing trade. Expecting more downside movement on this pair
Oct 9, 2019
Note
Trade is in healthy profit, put stops to profit or break even
Oct 14, 2019
Trade closed: target reached
We got some nice profits in this trade hope u made partial closes and put stops to profit/BE
Fibonacci Retracement
Technical Indicators
sellsignal
Trend Analysis
USDJPY
LarryBal
Follow
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
.