Thursday, 30 June 2011

USD/JPY Analysis 2011-06-29

UJ has already made a retracement after breaking the triangle pattern. New HiHi and HiLo can be seen and we can say bullish trend is in action.

UJ move in Daily Kumo and the candle reached the KS. We can say UJ is in uncertainty.


Trade Idea : Buy triggered. Wait for UJ reach to target profit. Maybe can wait for UJ to reach support trend line for new long entry.

Happy trading

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