NZDJPY 4h AutoUFOs™ Trade Alert! 05 June 2019
Execution:
Buy Limit @ 71.35
Protective Stop Loss @ 70.95
Take Profit @ 72.55
Rationale:
Buy Un-Filled Orders (Green UFO) available in the 4h time-frame
Sell Un-Filled Orders (Red UFO) further above allowing for the current trend to continue developing
Boosting Options:
Higher time-frame moving average values or Fibonacci retracements coinciding with the entry price
Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
Buy Limit @ 71.35
Protective Stop Loss @ 70.95
Take Profit @ 72.55
Rationale:
Buy Un-Filled Orders (Green UFO) available in the 4h time-frame
Sell Un-Filled Orders (Red UFO) further above allowing for the current trend to continue developing
Boosting Options:
Higher time-frame moving average values or Fibonacci retracements coinciding with the entry price
Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO