efirestone

USDJPY Potential Harmonic Bearish Garley Pattern

Short
efirestone Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
The USDJPY bearish harmonic Gartley pattern would complete at the D point of 100.841. Looking to enter just below the 141.4 extension of the A>B leg with targets at 38.2 and 61.8. Stop is at a 1:1 risk/reward.

Entry: 100.808
Target 1: 100.384
Target 2: 100.101
Stop: 101.232
Trade active:
Target 1 reached, stop moved to break even on 2nd trade
Trade closed: target reached:
Target 2 was reached and trade closed. This trade worked out perfectly.
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.