SaleemJunedLala
Long

Bullish Cypher Pattern on USDJPY pair

FX:USDJPY   U.S. Dollar / Japanese Yen
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It has been observed that a bullish cypher pattern is being formed on the USDJPY pair.

Long Entry: 112.30

Target 1
: 112.76
Target 2: 113.04

Stop: 111.96
Feb 03
Comment: Missed entry by a point and went upwards
Feb 05
Trade active: Risky Entry as the previous Entry was missed just by 1 pip and went on to hit targets. But Pattern is still valid considering the fact that price did not move above the 'C' Point.
Feb 06
Trade closed: target reached: Target 1 missed by 1 pip. Would advise to book part and trail stop to cost for next targets.
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