The bearish crab on this pair have now hit both TP1 and TP2 for a combined +171 pips profit. I will now close only 30% of open positions I had opened because of the crab and move stops to the TP1. This way, I will be locking in profits while letting the other 70% run till the bullish cypher is completed (yellow). At that point, I will close the other 70% and look to open some LONGS.
I still have more open SHORT positions per the large bearish cypher (blue) that I will be leaving open. (see Related Ideas: "TRADE: USDJPY: Completed bearish cypher (+495 pips possbile)".
I still have more open SHORT positions per the large bearish cypher (blue) that I will be leaving open. (see Related Ideas: "TRADE: USDJPY: Completed bearish cypher (+495 pips possbile)".
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