USDJPY short opportunity

FOREXCOM:USDJPY   U.S. Dollar / Japanese Yen
On USDJPY we have a completed bearish Gartley harmonic pattern with an AB=CD pattern inside.

Aggressive traders can take a short position now with generous stop loss.

Conservative traders can wait for reversal sign such as double top or break of trend line followed by 0.618 retracement of break leg then take short (as illustrated).

Take 1/2 profit at first target & move stops to break even.

- R
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out