We're long from 111.040 and still holding | 03 أغسطس 2018
03 أغسطس 2018, USD/JPY
Wave Analysis
The previous two day's candle were long tailed bars, and the previous day's candle was a perfect bullish pin bar candle. The correct buy place however is at 111.040. If you didn't go long around 111.040 as we said previously, you can still look for long positions but your stop loss should be below 111.040. We highly recommend using a pending buy limit order to pick this position at the least risk position. Upwards, a key resistance level can be seen around 114.04 and the next resistance level at 118.00.
Trade Recommendations:
We're long from 111.040 and still holding
101% Double the volume
!Attention!
All bonus participates in drawdown!
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
