USDJPY 4h AutoUFOs™ Trade Alert! 05 February 2020
2020-02-05 07:19:45
Buy Limit @ 109.20
Protective Stop Loss @ 108.95
Take Profit @ 109.70
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