USDJPY Daily AutoUFOs™ Trade Alert! 22 January 2020

2020-01-22 07:29:46

Buy Limit @ 109.65
Protective Stop Loss @ 109.40
Take Profit @ 109.90
Rationale:
Buy Un-Filled Orders (Green UFO ) available in the Daily 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