Long

USDJPY LONG OPPORTUNITY

Updated

Waiting for the EMA cross over on 1H, will open a long there and set targets from there. If the cross over happen. Keep your negatives comments for yourself as I might be wrong, thank you.
Not financial blah blah...
Trade Safe!!

Note

I just made the bearish scenario for that trade as the EMA seem to have failed the cross over, always prepare yourself for both outcome in a trade. Sometimes, the best preparation is to not take the trade!!

Trade active

Order filled at 110.300. Monitoring for short term outcome, no specific targets yet.

Note

1st Target : 110.570
S/L to suit your style.

Trade active

1st Target reached, let it ride with a trailing S/L
Next Target : 110.750

Note

2ND Target reached, if the price break out of this area, Next Target 111. Keep that trailing S/L
Trade Safe!!

Trade closed: target reached

It is probably just a pullback but my S/L was fairly tight after the 2nd target. If you are still riding the wave with a less conservative S/L, watch for the 55 EMA, it is now acting as a dynamic support, close the trade if broken down.
Trade Safe!!

Med_In_Trade

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