Entering on this supply zone which is the point of origin wherein price broke structure. (blue horizontal ray "bos+")
I am targeting a 50% retracement from the swing high,ceiling price of 151, giving me a good 2.5% targeting the price equilibrium
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Added Buy Limit
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trailing stops
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Switched trailing stop back to original SL
Trade closed manually
Closed first entry @ .5%
Gonna leave 2nd buy limit open.
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4h Chart update.
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Wait for a new higher high. A new higher high will signal the market to shift bullish gears A higher-high is the confirmation that would make me look for longs targeting 4-hour supply zone which perfectly coincides with .62 fib
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Targeting .62 fib which is also the 4h supply zone will also fill the fair value gap left behind in the weekly chart
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I Set alarm price @ 147.5. Once price breaks that point. Id be looking for longs. Asian session is giving us a nice reaction @ the 4H Order Block(Supplyzone)
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JPY news. GDP q/q Actual 0.1 Forecast 0.3
Actual weaker then forecast = JPY weak. High chance the market shifting bullish gears today. Good fundamental confluence for a long bias. Now I wait for the market to generate a long signal.
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Took an early entry. targeting at least 50% retracement
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#YEN index update Price testing this daily orderblock a.k.a. daily supply zone. I would like to see price reject this for more downtrend
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#YEN Index Update Great reaction on Yen index daily chart. Bearish engulfing candle at the supply zone.
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