USDJY 1H Reversal Long Trade

1. Aug. 2017

Price should be retracing with a pull back short then off to the races. There are lots of potential entry points. As you come to an entry level take 1/2 position off (bank some money as you go) and watch 15 m chart for re-entries. 5 pips before level exit & 5 pips above level re-enter. We are combining the 1H and 4H 50 sma levels, 100 sma levels and 800 sma levels.

2. Aug. 2017

Anmerkung

pair did rise from the 50 sma to the 100 sma for 34 pips. Now it has broken the 100 sma with a Break Hook and we are watching for it to Go (continue long)