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FXTurkey
Oct 22, 2020 11:31 AM

USDJPY A Five-O Pattern Setup Short

U.S. Dollar/Japanese YenFXCM

Description

We're following a 5-0 completing at 105 level sharp.

Credit: ogutrader_64

Like and comment if you find value in our analysis.

Feel free to post your ideas and questions at the comments section.

Good luck


NOTES:

- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.

Best Regards.

Trade closed: target reached


successful five-0 pattern, first target is hit.

Trade closed: target reached


Exiting trade with both targets
Comments
Trader_Dale
Yeah perfect prediction so similar like my :
SunnyHillCapital
Nice bearish setup, consider our bullish view.

What do you think?
FXTurkey
@SunnyHillCapital, yea price is relatively cheap, if you can spot the reversal, it may work.
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