ok guys so im really new to doing anything other than scalping really, so be easy! lol
i took usdjpy and saw the uptrend going, but it looks like there was previously some pretty good resistance at this level
i used the resistance level, a trend line and 50% Fibonacci to come up on the 1H/4H time frames to come up with this analysis, then used the 15M chart to enter the trade.
YES im currently in this trade.
Opened @ 107.360
TP 107.175
SL. 107.5
cheers!
i took usdjpy and saw the uptrend going, but it looks like there was previously some pretty good resistance at this level
i used the resistance level, a trend line and 50% Fibonacci to come up on the 1H/4H time frames to come up with this analysis, then used the 15M chart to enter the trade.
YES im currently in this trade.
Opened @ 107.360
TP 107.175
SL. 107.5
cheers!