USDJPY BO4
Updated
BO4 active. Counter trade on a lower time frame to find the end of Wave 2 Then watch for an end of wave 2 bottom
pattern on the interval wave for a long enter to follow price to Point T
pattern on the interval wave for a long enter to follow price to Point T
Trade active
Moved stop to plus 34 pipsTrade closed: target reached
First target reached. 174 pipsLooking for the 112 area for the second target. Expected a retrace here
to a fib zone A close above 113.250 will close the second trade as that will be wave 4 breaching and closeing into the wave 1 area.
Trade closed manually
Closed Final position. + 143. Closed position on the closed of an engulfing candle off a shark pattern. Looking to long. Currently watching the 15m chart for a potential head and shoulder pattern.
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