Potential breakout on the USD/JPY

xelite777

xelite777

Nice bull flag on the USD/JPY (15 min).

This is usually a continuation pattern.

yen_flag.png
 
And here is a nice rectangle formation on the NZD/USD (15 min).

Here the direction of the potential breakout is unknown, so confirmation is needed before pulling the trigger.

nzd_usd15_minu.png
 
Buying USD/JPY again, this time at 104.20 (previous long USD/JPY position was initiated at 104.10 and closed at 104.35)
 
Congrats to you!

If it is appropriate to ask, who is your broker/brokers, how long have you been trading, any short list of books that have shaped your trading? Please feel free not to answer any of these questions. I respect people's right to their privacy to their right not to answer any question.
 
Moderators: I have noticed that at occasions you have moved some threads started by Xelite77 to another section of the forum. I support you allow him to post in this thread, even if it were about various pairs at various times. When he posts a pair in the title I think it is useful because his trades are real-time.

Note: I am not Xelite77, and I know about his posts/threads only as one of the readers on this forum.
 
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