StenB

USD/JPY: Worked out pretty decent!

StenB Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Hi everyone,

Yesterday i posted an analysis for the GBP/JPY. It did not hit our buy order, so no loss or profit was involved. Otherwise, it hit our target. So lets go to this successful trade that i made.

So as you can see there is a bearish Gartley pattern. I entered the trade when the D hit the 78.6% retracement, which it did. It hit my target very quickly :) So there is further not much to say, i have mentioned the Gartley pattern fibonacci retracements in the picture, so you can take a look at it.

Almost forgot, i did not invest real money in this trade. Everything i do is pure on paper-trading!

Thank you for taking your time. If i made a mistake, drop a comment with a argument. If something is unclear to you, or if you have any questions left, please drop a comment too :)


StenB.
Trade closed: target reached:
Hit our target!
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