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JoMarshall
Nov 30, 2015 10:42 AM

Bearish Gartley on USDJPY (Caution) Short

U.S. Dollar/Japanese YenFXCM

Description

The USDJPY has now completed a bearish gartley, however, also note that we have a cypher pattern that will complete right above our stop loss but the fact that our RSI has gone overbought, I do believe we will see a retracement, whether that will be enough to hit our target remains to be seen but either way its a valid short.

Trade closed: target reached

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