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ABCD USD JPY

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
FXVampire  
FX:USDJPY   U.S. Dollar / Japanese Yen
Double Top or Bottom AB=CD Double Bottom LONG buy TRAP riskreward
9
0
doubletoporbottom abcdpattern doublebottom long buy trap riskreward
Looking at a double bottom on the USD JPY. If it completes, I will be looking for an uptrend into the D completion zone. I will wait for there to be some sort of reversal sign in that area. But i will take profits right at the D extension. 60 pip stop loss. 550 reward is a pretty nice ratio. I will wait for monday to trap sellers and then take a position.

https://www.tradingview.com/chart/ESQIwmZp/
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