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TheForexSamurai
Feb 6, 2017 12:13 PM

Intraday opportunity on the USDJPY. 

U.S. Dollar/Japanese YenFXCM

Description

Take note of the red dotted line. A break or touch onto that price (A point of potential Bear Gartley and C point of potential Bear Cypher) will invalidate the bear setups. So there could be a now bias that we could go for long right there with a pattern formation of bullish Bat. We could go and extend targets on the intraday at the potential bearish setups

Comment

If you have taken long on the BAT - you are already stopped out. If you have waited for the BO. Trades aren't filled yet. and here comes another setup on this pair.

Comment

Speaking of the Bear Gartley Pattern is already invalidated. But the bear cypher is at its potential still.

Comment

We can long from an Bull AB=CD with confluent with a bull Anti-bat pattern.

Comment

TP 1 hit with 35 pips
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