WirmachenTrader

TC on USDJPY using Cypher Pattern for Entry

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
We recently saw a nice break above previous structure resistance now are coming support (1), Indeed, we rallied from this level to new structure highs(2). We are now looking to get involved on the long side via a bullish Cypher Pattern completing at around 121.52's (3). Stops have to go below X, Targets based on your personal rules! (potential Trend Continuation is possible)

Please like my page and post if you like my idea. Thanks and good trading. -Felix
Trade active:
Bought at 121.54 (moved Entry 2 Pips in front)
Comment:
Target 1 hit at 121.91
Stops rolling to break even.
Trade closed: target reached:
Closed 2nd position at 122.85.

Erfolgreich traden lernen.
www.wirmachentrader.de
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.