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Tradingstrategyguides
Aug 12, 2019 11:53 PM

USDJPY 1H CHANNEL BREAKOUT - BREAK HOOK GO STRATEGY Long

U.S. Dollar/Japanese YenFXCM

Description

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
Comments
Overkilla
Well this graph turned out to be on the money, TP at 106,800 would have been magic.
Tradingstrategyguides
@Overkilla, That was a great pick for a TP also. Thanks for your comment and help.
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