USD JPY Go for a long run back up!!!
Updated
Previous idea didn't work out SL was to tight!!
Currently the pair is creating a dubble bottom @ 107.61 on 4h chart
Head and shoulder pattern completed
--> Maybe new support area IF it holds @ 107.61
Enter: 107.70 - 107.80 area
SL: 107.50
TP1: 109.00 ( top of the head )
TP2: 110.04 ( below weekly resistance )
I hope this one turns out good!!
Currently the pair is creating a dubble bottom @ 107.61 on 4h chart
Head and shoulder pattern completed
--> Maybe new support area IF it holds @ 107.61
Enter: 107.70 - 107.80 area
SL: 107.50
TP1: 109.00 ( top of the head )
TP2: 110.04 ( below weekly resistance )
I hope this one turns out good!!
Trade active
From 107.87 --> TP1 is coming closerNote
Entered a few more buys @ 109.095 i'm going to close them just below 109.53 because of a strong resistance level. First trade stays open until TP but adjusted SL to 108.825
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