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Macrobriefing

AB=CD

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Macrobriefing Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators chartanalysis pattern trading Forex Technical Analysis tradingsignals
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Always looking for a pattern, mainly to define risk and to anticipate a Take Profit Target.
If you got stuck in a short due to a breakout and then we see a deep retrace. We could be looking for the classic AB=CD pattern.
I always trade a RRR of 1:2 , so this AB=CD would not meet my TP target.
Comment:
AB=CD target reached
Trade closed: target reached

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