Ichimoku_Trader

Almost there (up then down)...

Long
Ichimoku_Trader Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
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We've spent a week in a flat range building the power needed to reach the SSB before dropping back down to the target zone.

Let's see if it happens
Comment:
As expected, we have reached SSB. We will now try to get a setup on H1
Comment:
Do not rush with the entry please. The trend for today is too strong so we need to see that momentum fade a bit before considering an entry. Also, our entry will not be anything less than a TS/KS cross on H1.
So just relax and let the market do its thing.
Comment:
looking good
If we get a break of yesterday's low, we will try to enter tomorrow on a retrace
Trade closed: target reached:
Just as expected, the flat range gave the price the power needed to reach theSSB before dropping back down to the target zone.

Another display of the precision of the PanOptic Trading Method.
Even I am sometimes amazed...

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