This article is a support one following an earlier lesson on how to identify and track for range breakout trading opportunities. There were two good examples of range-breakout trading opportunities that triggered at the start of the second week of October. The initial 4hr charts were posted on October 10th 2021.

USD/JPY: a great TL b/o above the 112.30 level.

USD/JPY 4hr: chart from the weekend update:

USD/JPY 4hr: chart after the TL b/o for up to 100 pips:

USD/JPY 15 min: note the great b/o here for 5 R:

GBP/JPY: a great TL b/o above the 153 level.

GBP/JPY 4hr: chart from the weekend update:

GBP/JPY 4hr: chart after the TL b/o for up to 150 pips:

GBP/JPY 15 min: note the great b/o here for 3 R: