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WirmachenTrader
Nov 5, 2015 2:58 PM

TC on USDJPY using Cypher Pattern for Entry Long

U.S. Dollar/Japanese YenFXCM

Description

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.
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