slindstr
Short

USDJPY Bearish Gartley and Bearish Bat

FX:USDJPY   U.S. Dollar / Japanese Yen
There's a butterfly pattern within a gartley giving us a sell zone of 119.85 - 120.15 and I think we'll have our first target @ 117.45-ish at previous support.
The yellow Harmonic pattern is a bearish ANTI CRAB. Most of the time its reversal target goes to A.
The blue one is no BAT. Point B of a BAT should never get over .50 XA. It is not a CRAB either. Looks more like a BUTTERFLY without being one.
+1 Reply
Oh geez yeah you're totally right - I meant butterfly; bat pattern is actually the next chapter I'm reading this weekend in Trade What You See by Larry Pesavento so I must have had that stuck in my head. Thanks!
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Nice confluence there. But in my opinion, it is still consider as a counter trend trade to short.
+1 Reply
probability is high. But BOJ.....
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