close to MA 32

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SELL USDJPY
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speculatorLT
speculatorLT published an idea on USDJPY, H4
4 years ago

After a big fall down price made a correction of 100pips from 115.20 to 116.20. It is very close to Moving Avarage 32. I wait till 12:00, observing the movement and if it stays at this level I will put sell stop order 30pips beneath current price.

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  • Leinad Kerginsten
    Leinad Kerginsten4 years ago

    I guess you can find there triangle formation that may be a signal to set a long position

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    • speculatorLT
      speculatorLT4 years ago

      you're right! i haven't seen in before. buy stop a little bit over MA.

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