Trade Ideas Analysis: USDJPY Flag

If you happened to be in our live session you will get to see what's my trade plan for this, a great 52pips run for those who have long at the base of the flag pattern. You can still watch it tonight at 1808hr on my facebook link at the signature.

An upward breakout has been confirmed, for traders who were waiting for fibonacci retracement, here's your chance.

I've engaged the trade and projected at which level to exit. 107.70 is definitely 1 of the level I'm looking at.

Comment:

Correction is 107.44 not 107.70 as my final target for this trade

Trade active:

Stop Loss at Entry: 105.97(+4)
Risk-Free Trade Attained!

Trade active:

TP1 Achieved +67pips

Comment:

Stop Loss at Entry: 106.01(+8) Prevent WhipSaw by US NFP

Trade closed manually:

Target2 Attained: 107.44(+151pips)