USDJPY Final Long Entry Before Invalidation! High R/R!
Updated
This is a re-evaluation of the final corrective triangle structure. The reason why this is the LAST entry is because our stop can be comfortably placed beyond the invalidation level. A single pip below this level invalidates the count, and we have a huge risk to reward opportunity on which to capitalize. This is a risky position because the BOJ news is pending, so risk your capital intelligently. I will update with more updates as the tide rolls. Happy Trading All
Trade active
Trade closed: stop reached
Deeper retrace than invalidation level. May still be a rally, but I will be recounting before entry. Good Luck!
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