oakman

USDJPY 4hr Chart My line in the sand

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oakman تم تحديثه   
FX:USDJPY   دولار أمريكي / ين ياباني
4
Plan: Go long whenever a 4hr candle closes above this line.
تعليق:
candle closed above line, time to go long
تعليق:
entered long 103.238
تعليق:
stop should be at 102.50 and tp at 111.000.....This had pulled back after closing above the line which is normal. price sometimes retraces then goes on to new highs. I am still very bullish on the $Y pair but a price retreating below the stop would be a bad sign for bulls and confirmation of being wrong. I believe next week will provide entries for buys and a bullish move...... On the 4 hr chart it has retraced and basically filled the gap up that it had set at the opening for the week. I think it has hit a very good support area.
تعليق:
correction to above. disregard that filled the gap last sentence. my chart was showing a gap that was incorrect. bad data.

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