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glennmercer
26. Sept. 2016 17:46

USDJPY Long: Ending Diagonal in Watch Zone Long

U.S. Dollar/Japanese YenFXCM

Beschreibung

Is the ending diagonal complete? I have reason to believe so, based on the pop we just saw off of the bottom parallel. A drop below this level would require a recount. Therefor, stop is placed tightly below. Two targets stand on the chart. One is placed at ((a))=((c)) in a potential zig-zag. Another is placed at the completion of a potential bat pattern. There are many targets further up, but we'll focus on these two for now. Happy trading!

Trade ist aktiv

Kommentar

Great bounce! Moving my stop to break even and letting it run. Good luck all

Kommentar

Trade wurde manuell geschlossen

Breakeven on this trade, +0 pips. I still like a long position, though. I'll be looking for re-entry
Kommentare
KinkoHyoTrading
Did you get back on it ? I am still on it, entry 100.341. +2pips (not moving alot)(waiting on Tokyo's opening.)
glennmercer
Yes, I am long again. About to publish
KinkoHyoTrading
Glad you do it. Always a pleasure to look at your technical analysis.
KinkoHyoTrading
I got out positive, I'll wait until the end of the presidential debate. Can I expect that you publish an update after the debate ?
Raja8934
whats your stop bro
glennmercer
I have a stop at 100.247 (~4 pips)
BorisMisale
Thanks Great analysis ! Are you in ?
glennmercer
Thanks Boris and yes I am in. Stop tightly below recent lows.
BorisMisale
Thanks a lot !
glennmercer
You got it buddy
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