USDJPY - FREE MONEY!!

Updated
This is the kind of trading setup that I used to shout! FREE MONEY!! It's a sideways bounce formation; as the name implies, I expect the market to bounce between the two zones, the red and blue zones. The profits are pretty good, given that it is a 15mins chart, it produces a potential of 56pips(approx 560usd/lot).

With that, risk management is essential. Don't jump into the trade without measuring your initial risk, and it is important to wait for the candlestick patterns confirmation so you can potentially avoid the one that is going to violate (BREAK) the trading setup.
Trade closed: target reached
wooohooo guess what, no lose from this trade if you follow our trading rules
askforex100Candlestick AnalysiscandlestickpatternChart PatternsresistancelevelsidewaybounceSupport and ResistancesupportandresistancesUSDJPY

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