SmartTradingFX
Short

USDJPY: Using An Advanced Pattern As Reason For Entry (2 Of 2)

FX:USDJPY   U.S. Dollar/Japanese Yen
343 2 7
After identifying on the Higher Time Frame I drop down to my Trading Time Frame to look for a reason for entry!

Which in this case we had a Cypher Pattern Completion in our zone for a Short entry! Target 1's were trimmed as there was a spike higher but it was still a 2 target winner!

I wanted to post these two charts to show how you can work through your top down analysis to look for that correct setup in that correct zone! There is multiple ways you can enter trades and advanced patterns is a powerful one!

Hit that like button, comment and share away! Your continued support is appreciated!

Ric

Smart Trading FX
Great share Ric!
+1 Reply
Cheers brother!
Reply
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