Aaron_Abraham

UJ on daily going into next week seeing what happens

FX:USDJPY   US-Dollar / Japanischer Yen
58 0 5
Currenly at the . 500 retracement and bullish trend line .
Looks like it can go upwards from here.
waiting to break above down trend line for increased probability.
if breaks below .500 the next level is . 618 retracement . well apply same rules as above.
Kommentar: Watch for the low risk opportunity at the 112.211 mark on 4hr chart.
if close above 112.211 I could go long with stop loss just below 112.200. tp @ 113.800
if close below with a bearish. I could enter short position with stop loss just above 112.211. tp @ 110.700.

Good luck guys!
Kommentar: Short opportunity
place stop loss just above 110.101
TP 107.880
Kommentar: Approaching the .618 retracement on daily chart.
should be a long opportunity with tight stop loss just under .618 retracement
Kommentar: long position entered.
SL 107.541
First TP target 110.235
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