Markalf

Trend Continuation

Kort
Markalf Uppdaterad   
FOREXCOM:USDJPY   USA-dollar/Japansk yen
This pair has been in a ranging downward trend for over 6 months.
It has also recently tested the down trend line and formed a shooting star.
This gives us an obvious Stop and Take profit.
In the case of this trade I will not use multiple take profits.

If you have an questions please don't hesitate to ask.

Happy Trading.
Trade stängt: Stopp nått:
Stop was a little bit tight. Seems this pair is starting to range side ways. Or slowly reversing.

For me this trading idea is still valid I will wait for a day and see where price closes at end of market.
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