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leszekstanislaw
Oct 27, 2015 9:49 PM

USDJPY H1 AB=CD threatened by Cypher Long

U.S. Dollar/Japanese YenFXCM

Description

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.
Comments
leelck512
good job bro, same as mine
leszekstanislaw
Thx! Let us see what is next :-)
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