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AndriyMoraru

Bullish Pennant on USD/JPY @ H4

Long
U.S. Dollar / Japanese Yen (FX_IDC:USDJPY)  
AndriyMoraru Updated   
FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
Bullish Pennant breakout Chart Patterns
4
0
bullishpennant breakout chartpattern
This bullish pennant on the 4-hour chart of USD/JP offers an upward breakout trading signal. The pennant's body and its pole are marked with the yellow lines. My potential entry point is marked by the cyan line. My potential take-profit level is at the green line. I will set the stop-loss order to the low of the breakout bar (not shown).
Trade active:
Long entry triggered today at 7:00 UTC with 111.445 entry, SL = 111.207, TP = 114.466.
Trade closed: target reached:
Take-profit of 113.610 reached at 11:05 UTC today.
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