TheForexSamurai

H4 - Bias for a long/buy trade opportunity...

Long
TheForexSamurai Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Hi guys! I got a potential long/buy trade opportunity right here if I am expecting market to reverse from its downtrend since April 25, 2019. Could there be one? Good luck!

Abbreviations / Keywords:

LTF - Lower Time Frame
HTF - Higher Time Frame
TF - Time Frame
TRS - Trend Reversal Strategy
CRT - Counter-Retail Technique / Break-out
APF - Advance Pattern Formation
W4C - Waiting for Confirmation
SL - Stop loss
TP - Target Profit
POR - Point of Ruin


Risk Disclaimer: This is not a trade signal hence we'll not be held responsible for any losses that will occur in your account during trading. You and you alone are responsible for deciding if you are comfortable accepting the potential risk involved in trading. So trade at your own risk and do not invest money you cannot afford to lose.
Comment:
Bear Gartley is already completed. Could there be an opportunity to short from here? We will. Again my market directional bias is still bullish. Good luck!
Comment:
In the H1 TF.
Comment:
TP 1 hit if setup was taken.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.