Stop Hit Pattern | Live Forex Trade | CADJPY | 15 Minute Chart

By | February 6, 2016

See attached video – This video was originally posted on July 4, 2014. This video shows how nicely that our patterns and signals work with the lower time-frames such as the 15 minute. This is the 15 minute time-frame making a bounce before forming a nice fake out at the newly established bounce. By keeping the stop loss safely beneath the low of the bullish spike we avoided having it hit on the pullback that occurred before price finally made its way back up to the take profit order that was sitting at 2x profit. Notice the stop hit that formed to the down side shortly after our 2x profit was taken.

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