I just opened a BUY/Long position on USDJPY pair. Today is 13 August 2014 at 10.00 my time (GMT +8). I open this trade based on my own Super Signal v2 breakout strategy. It only look for a few pips but I hope this test will reach its target on level 161.8.
- Super Signal v2 arrow appear on the bottom of the chart (H1 time frame)
- Price broke the high of the next candle after the arrow. See how I draw the fibonacci.
- Place the target area around level 161.8 of Fibonacci.
Will share the result on the next post.