MightyFinancial
Short

Waiting for UJ set up, bearish Gartley.

FX:USDJPY   U.S. Dollar / Japanese Yen
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1
Revision from my last markup, I see a bearish gartley forming, and based on the previous, larger TF BOS, I am targeting the zone between 109.630 and 109.900 as the D point of the gartley . I would expect to see a bearish engulfing in that region. As for now, watching for a fib retracement, retest, of the most recent bullish PA. Admittedly, I had not seen this previously, or taken into consideration a larger ascending trendline.

I think this has potential to reverse at the D point also because of the psychological level around 110. Looking for a short opportunity at "D".

Comments

You can assume your D on 109.63
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@jessi061, okay, new-ish to harmonic patterns, so thank you!
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