USDJPY bullish cypher as entry reason for structure base trade
USDJPY bullish cypher as entry reason for structure base trade
USDJY is giving at market a long opportunity with this bullish cypher. Looking at D1 and H4, is can be seen as an entry reason for a longer term long entry
Entry @ 108.55
SL @ 108.11
If you decide to take Cypher's traditional TPs:
TP1 @ 108.80
TP2 @ 109.00
If you decide to take longer term TPs:
TP1 @ 109.33
TP2 @ 110.22
As always, comments are welcome
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"Build a plan, follow it consistently"
Regards
Rafael
USDJY is giving at market a long opportunity with this bullish cypher. Looking at D1 and H4, is can be seen as an entry reason for a longer term long entry
Entry @ 108.55
SL @ 108.11
If you decide to take Cypher's traditional TPs:
TP1 @ 108.80
TP2 @ 109.00
If you decide to take longer term TPs:
TP1 @ 109.33
TP2 @ 110.22
As always, comments are welcome
---------------------------------------------
"Build a plan, follow it consistently"
Regards
Rafael
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.