Case Study 4: EUR/JPY Patience Rewarded Date: Monday, February 12th Range Observed: 08:00–09:00 a.m. Range High: 161.34 Range Low: 160.92 Breakout Direction: Upward EMA Confirmation: 8 EMA above 20 EMA Trigger Candle: Low test bar at 09:22 a.m. Entry: 161.37 Stop Loss: 161.12 (25 pips) Take Profit: 161.62 Outcome: Price retraced 20 pips before reversing and hitting full TP Lesson: You’ve got to trust the system. Many traders would have panicked during the retrace. But if your setup is valid and risk is defined, you stay in. This one rewarded patience.
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