Art_of_Trading
Long

USDJPY: Valid Gartley

FX:USDJPY   U.S. Dollar/Japanese Yen
On FX:USDJPY             , the market is bearish and moves downtrend. It makes Higher Low and Lower Low last 7 days. However, there is an impulse leg, where correction is expected before it break the structure low at 122.256. It is also acted as support on few occassions and it is expected that the big orders are placed around that level which bounce the price up.
In addition, there is a Valid Gartley pattern , which increase the probability of this set up. Slow loss should be put below X leg (Structure low).
T1 - 38.2%
T2 - 61.8%
-----------------------------------------------------------------------------------------------------------------------------------------------------
TOP 10 Forex Broker: http://www.best10forex.com
TOP 10 Binary Options Brokers: http://www.binaryreviewed.com
Comment: R1 Hit, Half position closed.
Comment: T2 Hit. Nice Trade
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out