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
Comment
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Missed entry by a point and went upwards
Trade active
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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.
Trade closed: target reached
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Target 1 missed by 1 pip. Would advise to book part and trail stop to cost for next targets.