09/10/24 (+92 PIP) NO DRAWDOWN - MAJOR USDJPY WIN BREAKDOWN

By PipSniperJ
Was not expecting to make a second post so fast but basically this move came from my post earlier today. And the move itself came out of nowhere but as you can see the market broke said bearish area I was waiting for for a few days now and the result of my patience was exactly 2 pips in drawdown only and a +92 pip win, good enough to be called a sniper entry if you ask me.

Once i saw volatility picking up i did the same breakdown


1H chart
snapshot

to

15M chart breakdown of 1H chart
snapshot


And since in this instance i am trading outside of my normal timeframe, i broke it down one step further on the 5m for my super crisp entry. (This is the best way to ensure i am not just being delusional or having FOMO.. i break it down more.)

*Tradingview does not allow me to show any timeframe than 15m, so refer to the 15m breakdown to see entry its still pretty much clear there.*


Thanks for the support everybody!! J out!
Chart PatternsTechnical IndicatorstechincalanalysisTrend AnalysisUSDJPYusdjpyanalysisusdjpyshort

Related publications

Disclaimer