MuhammadFaiz

USD/JPY : BULLISH TREND

Long
MuhammadFaiz Aggiornato   
FX:USDJPY   Dollaro / Yen giapponese
3
Price has break resistance at 122.92 and moving on to target 1 at 123.03.

Target 1 has achieve at 123.03, now looking for target 2 at 123.25 and target 3 at 123.61.

TP 1 : 123.03 (Achieve)
TP 2 : 123.25
TP 3 : 123.61

SL at : 122.47
Commento:
Target 1 and 2 has achieved!

TP 1 : 123.03 (Achieved)
TP 2 : 123.25 (Achieved)
TP 3 : 123.61
Commento:
Now it seems that the price didn't reach the third target level at 123.611 and instead has retraced down to 61.8% Fibonacci at 122.698. If the price breaks the 61.8% Fibonacci, then it will be a bearish downtrend move.
Commento:
Now i believe that USD/JPY is still in UPTREND. Looking forward to hit the third TP target at 123.611

Image chart :
Trade chiuso: obiettivo raggiunto:
THIRD TP TARGET REACHED!

GOOD NIGHT!

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