Hello everyone, we have a potential pattern forming on this pair also I believe this pair is confirming the breakout at the moment. I have highlighted the targets on the chart. Good Luck
I’ll tell you what trader’s, there’s nothing more exciting than a pain free trade and nothing more nerve racking then needing to put entries right back on but in the opposite direction. That’s the situation that we have here on the USDJPY 1 Hour timeframe. Yesterday we had a bearish Cypher pattern roll over to smash targets (hopefully TGT 2 gets clipped) and now...
Check out the Cypher rules: www.youtube.com This is my most popular video so far, enjoy :) I tried to short this pair yesterday based on a trend following play. That didn't work. So, will this work out? Let's wait and see. Targets goes at the 38.2% & 61.8% fib. retracements of the CD move of the Bat. Stop loss goes beyond X by the ATR of the entry candle of the...