USDJPY

15 min tick
-NSH
-HL
-LH
-NSL

Comment:

If the price breaks the previously HL (114.355)
We could see an change in the trend.
and maybe be heading downwards

Comment:

there is actually forming an harmonic pattern
X(113.834)
A(115.168)
B(114.349)
C(115.427)
D(114.012)

i therefore keeping my longs from 114.033
and expect an further upward trend.

Comment:

i will but more buy orders at 114.012

Trade closed manually:

closed my positions for the weekend and will see on sunday what the direction will be. i am sticking to my analysis and will probable add new buy positions in the 114.012 area, where the harmonic is completed. if it exceeds the harmonic, we probably will see a new down trend if it make an nes NSL

Trade active:

Bought some lots at 8114.167)
A bit earlier than the D point.

Stop loss at: (113.722)

Take profit 1 (115.188)
Take profit 2 (116.098)

Comment:

bought some lots at (*114.167) typing error

Comment:

if the price don't break (114.087)
than we will have an new HL because it is over
the previously NSL at (113.809)

Comment:

i moved my stop lose to 113.617
Stil in for a long position

Trade closed: stop reached