Alexander_Nikitin
Long

usdjpy long opportunity

FX:USDJPY   U.S. Dollar / Japanese Yen
a cypher pattern completed at structure
Congratulation to everybody who joined me on this trade. We easily hit the first target without any pain and moved stops to breakeven. Let's see if the price can climb up to the second target of 119.37.
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This is a great looking cypher. You should add some detail on the levels and expectation of the trade- etc. Nice work.
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It's just a long opportunity. I know that this is a cypher. If somebody has doubts, let him measure the levels by himself)))
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ninjabenja Alexander_Nikitin
haha, ok. I just wanted to make it a "suggested" chart and highlight it, but it would need more than just "a cypher pattern completed at structure" for me to do it. Anyways, spot on.
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it's a very good daily structure level. historically price bounced of it more then 7 times)). By itself it is a good reason to enter long. Cypher is just an enter technic. It tells you where your open, stop and target points should be.)) if you need some more technicals scores - it's your way)
+1 Reply
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