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JenniferAgyeman
Jan 14, 2021 12:40 AM

USDJPY 1HR TIMEFRAME 

U.S. Dollar/Japanese YenFXCM

Description

USDJPY is currently in a triangle flagpole pattern on both the 4HR and the 1HR Timeframe.

Waiting for it to break the pattern. I placed both buy & sell setups if it breaks to either the upside or the downside.

USDJPY Market Structure is in a downtrend on the Daily timeframe so I'm looking for sell entries.

REMINDER: ALWAYS TAKE PROFIT/PARTIAL PROFIT AT TP1. Price majority of the time will retrace/pullback to the Supply & Demand area (Rectangle Box).

If you have any questions, ideas or concerns, feel free to message me.
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