mulinlou24

Possible Long Position on the USDJPY 4H

Long
mulinlou24 Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Looking at my ABCD harmonic pattern, i believe a possible Long position may occur.I will make sure to place my entries after the pattern itself has completed to allow for the right entry and the stop I would place below the entry according to your own risk management.

As a beginner I would appreciate any help and guidance on the chart, just leave a comment, thank you.
Trade closed: stop reached
Comment:
If it retraces back I might re-enter the trade on the 120.100 area
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.