USDJPY (WEEKLY CHART ANALYSIS)(BULLISH TREND)(LONG)
Updated
TECHNICAL ANALYSIS:
FIBONACCI ANALYSIS:
- LONG AT CONFLUENCE LEVEL 109.200
- TAKE PROFIT @111.500 (RESISTANCE LEVEL)
- STOP LOSS <107.000 (SUPPORT LEVEL)
TRENDLINE:
- UPTREND
RSI:
- UPTREND
- EXPECTED TO TOUCH RSI 70 LEVEL
CCI:
- HIGH MOMENTUM
- EXPECTED TO TOUCH CCI 150-200 LEVEL
FUNDAMENTAL ANALYSIS:
- STRONGER GREENBACK DOLLAR VS EMERGING COUNTRIS CURRENCY
FIBONACCI ANALYSIS:
- LONG AT CONFLUENCE LEVEL 109.200
- TAKE PROFIT @111.500 (RESISTANCE LEVEL)
- STOP LOSS <107.000 (SUPPORT LEVEL)
TRENDLINE:
- UPTREND
RSI:
- UPTREND
- EXPECTED TO TOUCH RSI 70 LEVEL
CCI:
- HIGH MOMENTUM
- EXPECTED TO TOUCH CCI 150-200 LEVEL
FUNDAMENTAL ANALYSIS:
- STRONGER GREENBACK DOLLAR VS EMERGING COUNTRIS CURRENCY
Trade closed: target reached
(20180517) TAKE PROFIT/SHORT AT 110.650 (20180427) ENTRY/LONG AT 109.200
PROFIT = 110.650-109.200 = +1450 PIPS
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