USDJPY, Bounce off 0.618, completion of W pattern

2017年8月7日

Long term, monthly charts, we're seeing a bounce off of the 0.618 fib support level.
The weekly candle suggests strong support and a good probability for the last leg of the W pattern to be completed.

Watch the intermediate resistance levels till how far this can go for your TP.

2017年8月15日

交易進行

Adjusted the entry a bit:

2017年8月18日

交易結束：達到停損點

you win some, you lose some

2017年8月19日

交易進行

I thought for sure this would hit my stop, but it didnt.

2017年8月31日

交易結束：達到停損點

My stop was already reached, but I may try a buy again next week. Lets see how this weeks candle closes