It is looking like the corrective phase is over and the next JPY bullish run is on for this pair. I should have published yesterday, and you can see we are already in this move. I like to set multiple TP's along the way to secure equity into my account, and I have one move in for a large swing. If this start to play out, as it has, I will only be looking to stack bullish orders with this pair.
Trade active:
Still in these trades. A little drawdown is no problem when the higher probability of upside is inbound. Much more drop might even be a good idea to open another position, we will see.
Trade closed: stop reached:
A late update, but you can see the market continued to push down beyond current levels. Will wait for re-entry opportunities to go long.