USDJPY H1 AB=CD threatened by Cypher

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.
good job bro, same as mine
+1 Reply
Thx! Let us see what is next :-)
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