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Daniel-Malik
3 Th10 2016 03:10

USDJPY- TRIANGLE BREAKOUT 

U.S. Dollar/Japanese YenFXCM

Mô tả

USDJPY after strong upward move in the last days is forming a triangle patter. Wait for the breakout. Not sure now on which side it will break out because at 100.00 there is a very strong Psychological Bareer . Also Japanese Government Dont want it to do. So we really need to wait to see weather it breaks Upward or downward Thanks

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200+ pips in profit ! waiting t=to take a long position again after watching price action
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insane844
great dont forget telling us when to get long
Daniel-Malik
Sure
insane844
Thanks
gfknn5
what is the target for UJ ?

Nice!
Daniel-Malik
It depends on your trading style. my target is 110 at the end of this year.
gfknn5
Thank you for reply of UJ target

I worry about tomorrow will have non-farm news ,
so, can I keep "long" during news launch ?

Nice.
Flemingo
What is the TP target for this?
Daniel-Malik
Only after the breakout can decide thanks
Flemingo
Just wanted to know what the criteria for a breakout would be since it the triangle has been breached. Wait for the candle to finish to confirm?
Flemingo
And thanks a lot for your charts! They are very educational and insightful.
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