trungle83
Short

USDJPY Short (AB=CD)

OANDA:USDJPY   U.S. Dollar / Japanese Yen
My view on the Daily/H4 on USDJPY             is that it is currently in consolidation.
On the Hourly Chart we have an ABCD pattern formed at a Support area and also at the height of the parallel channel .
Aiming for 382 for T1 and 618 for T2


P.S. My view is for education purposes only and I welcome all constructive comments for my own learning. Thanks
Trade closed: stop reached: Got stopped out.
Took a greedy approach on this one and wanted to aim for higher targets. In future I will stick with the usual approach and lock in some profits and move SL.

snapshot



P.S. My view is for education purposes only and I welcome all constructive comments for my own learning. Thanks
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