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USDJPY 1H CHANNEL BREAKOUT - BREAK HOOK GO STRATEGY

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Tradingstrategyguides Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators Descending Channel channelbreak breakouttrading BREAKHOOKGO tradingstrategyguides USDJPY 1h forextrading
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trendanalysis chartpattern indicator descendingchannel channelbreak breakouttrading breakhookgo tradingstrategyguides usdjpy 1h forextrading
Price is in a descending channel pattern
Price has broken out of the top of the channel
Wait for a Break-Hook-Go price pattern
You can watch for this BHG pattern on a 15m chart
After a Bearish Pullback Hook move then enter after 2 green 15m candles
Let us know what you determine your TP & SL is.
Comment:
Here is the TP suggested from the comment section - TP @ 106.80
snapshot
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