EURJPY 4h AutoUFOs™ Trade Alert! 12 December 2019

2019-12-12 07:05:30

Buy Limit @ 120.55
Protective Stop Loss @ 120.35
Take Profit @ 120.95
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