TheForexSamurai

Bracketing the UJ with 2 ACP

TheForexSamurai Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
8
A bullish Deep Crab is completed and still Valid. How I trade the Pattern with extreme completion is by having atleast 1:1 RR from my TP1:SL. We also have a tentative Potential Bearish Cypher Pattern to be completed soon once price movement goes to the upside. We also have a tp2 which is the 61.8% of the Deep Crab and a D completion of the Bear Cypher at the 78.60% its a confluence then. Take note of the red dotted line. Price break and close below would invalidate all the setup. Best of luck!
Comment:
We are near to TP 1. We could go and minimize our stop loss near to BE.
Trade closed: target reached

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