Unified pattern completed here. Waiting for entry reason after the D point was hit. Stops based on ATR. Profit targets are at the .382 & .618 A-D leg.
Note
General consensus from the "market" (social media) I'm seeing is that the dollar is weakening (bearish for USDJPY). Generally, when I see this, the opposite tends to happen. But who am I to know? This is part of my plan therefore, I'm trading it. Don't let others influence your plan (so long as it's consistently profitable of course)
Note
Trade closed: stop reached
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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.