leszekstanislaw

USDJPY H1 AB=CD threatened by Cypher

Long
leszekstanislaw Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
AB=CD - maybe there is chance for retest? Reaction was quite strong... Risk factor is potential Cypher pattern.
Anyway, I have waiting order, SL is 117% FE, TP is quite safe - 61.8% of correction, but potentially more? Safe point is over amber box.
Trade closed: stop reached:
If I had a bit wider stop - I'd take profit. However it was testes strategy, so part of the plan :-) No worries!
Comment:
Maybe lesson may be - when news - prepare to have wider stop than usually.

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