High probability forex trade

Today's market didn't provide any suitable opportunity on VFI nor T3. Few half way constructed W patterns have been developed but that's it over all. For those who are reading this blog once in a while know that I have two main strategies: VFI and T3. If you try to google them you would probably not be able to find any source since I named that by myself. But this post is not about these two strategies. As you may have noticed I also trade GAPS at the openings on Sunday night. GAPS belong to my third strategy which is called TrendTrace. TrendTrace was initially created for trading breaks of 50SMA and 200 simple moving average. There is a several ways how to trade these breaks but not all of them have the same reliability.

In this particular trade I have spotted a HIGH PROBABILITY trade of a breakout in which I am trying to spot the currencies which touched the 50SMA or 200SMA then for some time were crawling back from this moving average (small retrace) and then in one move covered all the candles which initially slowly crawled back out of the touched moving average. For an idea I have posted image with detailed explanation. This kind of trade is high probability trade with low risk and potential 3:1 or 4:1 reward. This way I have traded USDJPY today with net profit of 32pips.