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USDJPY Triangle Breakout and Long Opportunity TP 2 Rached

USDJPY Triangle Breakout and Long Opportunity

USDJPY completed a Bullish  Max Butterfly Pattern for Bullish Correction on H4 Chart.

We got the confirmation on the M15 Chart.

USDJPY completed a Bullish Breakout of the triangle pattern. Our first trade will be based on the Triangle Pattern and the targets will be set according to the triangle pattern.

Buy USDJPY at 110.540

Stop: 110.200

Target1: 110.850 / Reached… We close 50% of the positions

Target 2: 111.200  / Reached… 65 Pips

Target 3: 111.400

You can view the setup: USDJPY Bullish Triangle Pattern

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DISCLAIMER: This is a technical analysis study, not advice or recommendation to invest money

USDJPY: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

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