I_see_BTC

USDJPY - Potential harmonic patterns

FX:USDJPY   U.S. Dollar / Japanese Yen
Just an observation. I'm currently flat, waiting to see if an opportunity presents itself.

- Potential pattern short entry up at 111.193

- Potential pattern long entry down at 110.663

Time will tell. I'll post here if I decide to jump in either of these.

Trade safe. Good luck all!
Comment: I'm not one to usually set limit orders, but I need to grab a couple hours of sleep. Don't want to doze through an opportunity so I'm setting some sells around 111.193. Recent structure gives an obvious stop-loss zone.
Order cancelled: Order cancelled.
If it sets up I'll trade it manually
Trade active: That was so fast I should have left the limit order...lol
Anyway, short active. Fingers crossed
Comment: I'm going to be optimistic and call the target to be 110.663.
Best case scenario I take a tidy profit and be on the lookout for a potential long entry.

But if it breaks below the low I'll wait for a retest or price pattern to give an opportunity to join the short, already in progress
Trade closed: stop reached: never a dull moment in Forex :-)

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