USDJPY 1H EFC INDICATOR STRATEGY

EFC Indicator has found a Bearish reversal
EFC Indicator shows:
Entry Signal
Take Profit Signal
Stop Loss Signal

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Note

EFC Indicator worked great. Not every trade is a winner but the EFC Indicator made a tight SL. Price hit the SL for a small loss. No trade or Indicator is a 100% winner but good trade management keeps your losses small.

Note

WATCH FOR THIS TRADE BEGINNING OF NEXT WEEK. To the left of current price you will see several large green body candles. That shows an open space for price to fall down to where the high of the candle next to the breakout largest green candle. That is in the zone of previous resistance. This area is called the square up zone.

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