mustard

USDJPY Gartley (Daily)

FX:USDJPY   U.S. Dollar/Japanese Yen
209 2 0
Amongst several possibilities which may unfold soon.

Long on a bounce at the 'C' point, short on a break of the LTL of the pennant .

Be wary of false breakouts.
Took partial profits on the initial rejection of a breakout of the pennant.

We subsequently got the breakout, now watching the reaction as price approaches the previous swing high at X.

The breakout signals a potential bullish continuation.
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Hope some of you got in on the first trade.

Whilst this is a potential double trade opportunity, the pattern is inside a bullish pennant and price could easily break out to the topside.

Good luck!
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