TheForexSamurai

Could go LONG and SELL after targets are reach

Giá lên
TheForexSamurai Cập nhật   
FX:USDJPY   Đô la Mỹ / Yên Nhật
5
As long market price stays above the red line (point of validity) all setups including the bear Bat pattern and the Initial Bear Cypher Pattern are still valid. We can go long and obviously stops would be below the red line. And take note from a winning butterfly setup we got on the previous trade. Check related ideas.
Bat Pattern PRZ: 113.268 - 113.486, stops above x point
TP1: 112.62
TP2: 112.22

If we got stop out by the Bat Pattern Setup then I could go and shoot for LONG and target on the Bear Cypher Pattern (Initial). Please follow your rules on how you enter and exit the market. Thank you.

Check related ideas about our 4th consecutive wins and now 5th (from the last trade) on this market.
Bình luận:
For those who went long we are now near to targets with protective SL.
Bình luận:
The bear Bat pattern is soon to be completed at 113.26.
Bình luận:
If you have entered Long from the time I posted the potential setup your target already reach with 120 pips at the pattern completion by which we are going to enter short now at 113.268 on the Bear Bat Pattern Completion.

TP1: 112.62
TP2: 112.22


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