U.S. Dollar / Japanese Yen

USDJPY | Break or bounce point reached

By Chris4XTrading

Updated

If range continues, we're looking at a solid 200 pip long to the 50% long-term fib line.

Note

Reached the target entry zone. Waiting for fakeout to enter at a low or, alternatively, confirmation of a buy off the support.

snapshot

Note

Fakeout:

snapshot

Trade active

snapshot

Note

Half way there! 109.900

Trade closed: target reached

40 pip profit. Great trade.
Now awaiting US reports for future trade entries.

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