Good morning and good afternoon traders, wherever you're dialed in from.
Hope y’all are stacking those pips this week — whether you’re trend-riding, countering swings, or just sitting back letting setups come to you. 🔍
We’ve been hitting precise targets lately, and the tape’s been speaking loud and clear. Doesn’t matter what the sentiment says — we follow price, we follow structure.
Right now, we’ve got a clean symmetrical triangle unfolding on USDJPY (4H). Marked up from point a to e, with that little fakeout dip at E (147.084) acting like a trap for the impatient. Textbook spring behavior.
What catches my eye is the way price is coiling tight between the triangle’s ceiling and rising floor. We’re hovering just under 147.80, and a decisive push through that ceiling could unlock a sharp move toward the 150.50 zone (symmetrical projection).
If you missed the earlier leg, don’t chase — let price show you real intent. A confirmed breakout above 148.00 is the trigger. If we break back below 146.90, reassess.
No need to guess — we observe, we react. Let the market come to us.
“We don’t force trades. We trade when the market invites us.”
Hope y’all are stacking those pips this week — whether you’re trend-riding, countering swings, or just sitting back letting setups come to you. 🔍
We’ve been hitting precise targets lately, and the tape’s been speaking loud and clear. Doesn’t matter what the sentiment says — we follow price, we follow structure.
Right now, we’ve got a clean symmetrical triangle unfolding on USDJPY (4H). Marked up from point a to e, with that little fakeout dip at E (147.084) acting like a trap for the impatient. Textbook spring behavior.
What catches my eye is the way price is coiling tight between the triangle’s ceiling and rising floor. We’re hovering just under 147.80, and a decisive push through that ceiling could unlock a sharp move toward the 150.50 zone (symmetrical projection).
If you missed the earlier leg, don’t chase — let price show you real intent. A confirmed breakout above 148.00 is the trigger. If we break back below 146.90, reassess.
No need to guess — we observe, we react. Let the market come to us.
“We don’t force trades. We trade when the market invites us.”
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.