Reasons for Open Position (OP) in USD/JPY currency on Thursday (18 November, 2020):
The Head and Shoulder pattern is in effect as it awaits the level of: 105.00
There is a Left Shoulder at the price level: 104.00
And a Head is formed at the price level: 103.130
For Open positions between price levels: 104.00 (recommended, not to float).
For take profit (TP) at the price level: 104.7, middle 105.03 and as high as 105.87
Regarding Stop loss at the price level: 103.10
Note to me: Every currency (like women) has a different technical (heart) and it is important for money management not more than 5% and Wednesday is the most suitable trading in USDJPY currency (in view).
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.