NOKJPY Update (Educational)
You will have to read the Previous post to understand this 1
Watching from the educational post lets see - s3.tradingview.com/t/TSmuVhmS_mid.png
1. The ABCDE Triangle pattern played out OR The flag bullish continuation
2. Breakout setup also played out with a SL run (Note we didnt calculate proper SL settings as read in prev chart anaylsis)
3. Double bottom pattern did not form (Deleted the 3rd Long setup order from this chart as the Double bottom ) hence we see a STOP RUN wick just below taken out the prev Lows also the Wick Low resting on the inverse Head and Shoulder's Left Shoulder Yellow Line.
TP is above the HIGH but always aiming for a high as the target.
Exotice Pairs tend to move slower but still pays.
Watching from the educational post lets see - s3.tradingview.com/t/TSmuVhmS_mid.png
1. The ABCDE Triangle pattern played out OR The flag bullish continuation
2. Breakout setup also played out with a SL run (Note we didnt calculate proper SL settings as read in prev chart anaylsis)
3. Double bottom pattern did not form (Deleted the 3rd Long setup order from this chart as the Double bottom ) hence we see a STOP RUN wick just below taken out the prev Lows also the Wick Low resting on the inverse Head and Shoulder's Left Shoulder Yellow Line.
TP is above the HIGH but always aiming for a high as the target.
Exotice Pairs tend to move slower but still pays.
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