Gbambam

Market trapped between two pattern

FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY            

we have a Bearish gartley completing at 112.725

Stops 112.807
Targeting 112.587
Note if this pattern complete we could ride the short to the cypher if the market breaks the 112.500 support level .


We also have a bullish Cypher completing at 112.322
Stops 112.150
Targeting 112.500

same here but the reverse if the market breaks through resisitance at 112.500 could aim for higher targets.


Enjoy regards
Trade closed: stop reached: Both trades invalid onto the next one.
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