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Moshbi
Feb 19, 2017 11:18 AM

USDJPY - long opportunity  Long

U.S. Dollar/Japanese YenFXCM

Description

Hi traders. Price recently broke the blue trend line and i think now price is going to bounce from this trend line... Here is potential Cypher pattern, but anyway the green zone is good zone to buy usdjpy, cypher pattern can be confirmation for conservative traders. My slop loss and take profits are labelled in the chart. Have a nice day!

Trade closed manually

One take profit was reached and second i ended on break even.
Comments
bewarali
when and where did you enter
Moshbi
@bewarali, here:
bewarali
@Moshbi, nice
iSummer
I very much agree.. although I have a slightly different reasoning, but I love when two methods agree.

Moshbi
@iSummer, Nice view mate!! I really like your confirmation with break downward trend line. I am looking forward to next week :)
iSummer
@Moshbi, thank man. Me too, all excited and stuff lol.
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