Hi Traders,
hope you are enjoying your weekend's. We had a very good trading results this week and it is time now to see what opportunities market holds for us for next week. Let's start with USD/JPY. Last week we had a trading idea that turned out with profits, hope you saw that and made some pips :)
We can see that price has bounced of the Resistance line of Descending Channel and now we predict that the price will go down and continue the Descending Channel.
Starting next week we will put on every idea a Entry price (usually it is a pending order) and as well a Stop Loss and Take Profit so it is more clearer for you guys to use our signals. And remember to risk 2% at MAX for each of the signals.
Entry - Pending SELL STOP @ 106.540
TP 1 - 106.240
TP 2 - 105.816
SL - 107.048
Let us know what you think about this idea and don't forget to follow us for more ideas :)
Good luck !
hope you are enjoying your weekend's. We had a very good trading results this week and it is time now to see what opportunities market holds for us for next week. Let's start with USD/JPY. Last week we had a trading idea that turned out with profits, hope you saw that and made some pips :)
We can see that price has bounced of the Resistance line of Descending Channel and now we predict that the price will go down and continue the Descending Channel.
Starting next week we will put on every idea a Entry price (usually it is a pending order) and as well a Stop Loss and Take Profit so it is more clearer for you guys to use our signals. And remember to risk 2% at MAX for each of the signals.
Entry - Pending SELL STOP @ 106.540
TP 1 - 106.240
TP 2 - 105.816
SL - 107.048
Let us know what you think about this idea and don't forget to follow us for more ideas :)
Good luck !
Order cancelled
Pending order deleted as price break out from Descending Channel
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.
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.