USDJPY either way has possibility

U.S. Dollar / Japanese Yen (FX:USDJPY)

Updated

FX:USDJPY U.S. Dollar / Japanese Yen

trendanalysis harmonicpatterns waveanalysis

USDJPY is in a triangle pattern, either way's break out could be possible. Difficult to predicate the direction at this moment. Place stop entry orders in both direction and wait to see the break out. There are pretty much risky here.

Comment:

Short order got triggered.

Comment:

Cancel the long order.

Comment:

Move stop to open price.

Comment:

Move stop to 112.35

Comment:

Move stop to 111.90

Comment:

Move stop to 111.20

Comment:

Move stop to 110.85

Comment:

Order closed by trail stop. 112.85 - 110.85 = 200 points profit.

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