Get started
U.S. Dollar / Japanese Yen
Long

Looking to go long on USDJPY with a gain of just under 3%

77
USDJPY – 19/03/2017
4H
  • The value of trading trend channels is that the trader can trade short term, or look for a breaking of the trend line. Be wary of intraday breaks and fakeouts.
    Point 3 the trendline was violated on an intraday basis but then closed in the direction of the original trend.
  • The RSI is also supporting this analysis of a bounce.
  • Looking to gain just shy of 3% on this trade

HCDtrading
4hoursCurrenciesForexParallel ChannelTrend LinesUSDJPY

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.
4hoursCurrenciesForexParallel ChannelTrend LinesUSDJPY
HCDtrading

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.