leszekstanislaw

USDJPY H4 - Another harmonic pattern failed, what is going on?

FX:USDJPY   U.S. Dollar/Japanese Yen
43 3 1
Another pattern on USD with JPY failed. USD is surprising recently. Why?
There was Gartley and its D point was on potential price uptrend channel - I like it, but... failed...
I like losses - it motivates me for looking for another trade occassions... - one of them is how to trade failed pattern - I will be testing this for next couple of weeks :)
rafal_w
a year ago
No 1.27
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Mberg PRO
a year ago
You failed beacuse SL did not go below X. X is previous structure, as far i can see.
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leszekstanislaw PRO Mberg
a year ago
yes, I know. I made a lot of testing and the most 'effective' SL for me is 95% of XA - then overall RR and probability is betters than with wider SL e.g. 113%. @Rafal_w - you're right it is Cypher, and C was not in 1.27. Thx!
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