Hope you're all doing well this week. Here is a bullish 2618 opportunity on USDJPY. This is a reversal pattern and a countertrend trading opportunity.
See the red and green boxes on chart for my PLANNED entry and exit levels for the trade. Knowing where you will enter and exit BEFORE ENTERING A TRADE was the main factor that allowed me to reduce emotional impact on my trading decisions.
Have a great weekend,
Luke
Trade active
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Trade closed: target reached
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First target reached. Half position closed and stop moved to entry for breakeven.
Trade closed: target reached
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Second target reached. This was a beautiful trade. It moved in our direction instantly upon entry, and kept on going to targets without any pain!