USDJPY presents multiple harmonics for both short and long-term trades. Technicals reveal clear support and resistance levels which are my preferred entry points. This Gartley also seats in the midst of a Head and Shoulder pattern signaling a potential move to the down side, which is why i am sentimentally bearish. Take a look at what happened on my previous setup, which delivered on both TP1 and TP2:
USD: US Empire Manufacturing Index, US Industrial Production and Manufacturing Production
JPY: Japanese Tankan Survey
Good Luck
Fundamentals to look out for are as follows: USD: US Empire Manufacturing Index, US Industrial Production and Manufacturing Production
JPY: Japanese Tankan Survey
Good Luck
Trade closed: target reached:
TP1 Reached at 112.409. Profit = +113pips
Trade closed: target reached:
TP2 reached at 111.614 profit = 144pips