USD/JPY Trading Plan - Pat Morita Patience

FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
29 3 3
Very simply waiting on trend line 4th points to initiate long position as we hang around the 120 mark.

I got ripped up in Sep's volatility but benefitted from 4th point bearish trend line short that set up the head and shoulders pattern last week. Waiting on next dip to set up long.
Comment: Rallied above 121.4 so looking for drop back down below 121 to tee up a long on a 4th point of the bullish trend line
(or above 123 to get short)
Comment: Ended up getting short instead. Refer to PAT MORITA PATIENCE 2 (below)
Need to click on chart to clear all the text clutter
Looking for point 5 on bearish TL or point 4 on bullish to initiate trade.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out