primalkarma

Butterfly on USDJPY - Update from previous Gartley

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Now that economic news is beyond us...

High chances of turning from 108.360

Can open from 108. Stoploss 108.5 beyond which structure is invalid.
Take profit at 107.22 - 107 - 106.9 - 106.5 - 106

May not see a lot of action today but this is the direction for the next week...


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.