Two Trading Plan for USDJPY

FX:USDJPY   U.S. Dollar / Japanese Yen
4185 5
Two Trading Plan for USDJPY

We can see now Usdjpy is consolidating
at 107 level

Plan A: Buy Stop at 107.23, Aim 107.60

Plan B: Sell Stop at 106.90 Aim 106.50

Trade active:
Plan A triggered SL
Plan B Hit Target
Jack's Trading System:

微信助手:jackedu007 (添加信息 JACK院长)
IF 106.90 Broken, That meant double Top confirmation, that will bring target to 105.80 (the full size of the double top box).
IF Price go beyond 107.23 That will continue the Boxing Consolidation zone that will have the target probably the triple top or 0.618/0.786/0.866 of the Box.
Price now tested the bottom, and still waiting for the candle closed to confirm.
Happy Trading and Follow the Right TraderWorkflow..
I don't understand. It exceeded both the top and lower boundaries of the box. Is the position still Long?
+2 Reply
wow, amazing work
Probably up
VictorImung AM1DMAMMAD
@AM1DMAMMAD, maybe
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