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Andre_Cardoso
21. Jun. 2016 02:40

(4h) Bullish Breakout Setup // Eventual Double Bottom // IF=THEN Long

U.S. DOLLAR / JAPANESE YENICE

Beschreibung

FX:USDJPY



Breakouts: (slide right)...


Safe Trades;

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The neck fight

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With a broken neck, the price printed a close above the neck and validated the double bottom "config".
Expectations:
Eventual 2618 (double bottom followed by a 61.8% retracement) - Buy at 618.

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As expected... Need a corrective structure above the previous structure...
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tradingdiaries
Nice dude, thanks for this analysis :-)
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