Depending on the last structure of the USD/JPY, it seems like a great opportunity to enter the market and sell the cypher pattern at the 78,6 completion and stop needs to go above X and profit target either at the previous resistance level or way back down to the C.
Good luck fellas.
Happy trading.
Comentário
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Guys we are slowly going down, if the market is going to close below C leg, the pattern is invalid!
But do you see what I see now? There are two ways to trade this as there is another pattern appearing that we could hop on.
Check it out.
Trade ativo
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I have entered the market at 16:00 (26.01.17) at the completion of D Leg and let's wait what is going to happen next.
Trade fechado: objetivo atingido
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Okay guys if you took the trade you might have taken a nice profit. Around 100 pips.