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theselfishtrader
٢٤ كانون الثاني يناير ٢٠١٧ ١٦:١٢
USDJPY - Long trade idea
شراء
FX:USDJPY
U.S. Dollar/Japanese Yen
FXCM
الوصف
⋅
٢٤ كانون الثاني يناير ٢٠١٧ ١٦:١٢
Reasons for trade:
There is a nice double bottom on the daily and 4H charts
Bullish divergence on the daily RSI
Price has found support around the 38.2% Fibonacci level
Today's daily candle is forming an inside bar.
The classic inside bar play is to trade the break of the Mother Bar. I will favour any move to the upside.
With relatively close stops there is at least a 1.5:1 RR
USDJPY
Forex
forexsignals
trading
المزيد