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Cousin_Fat_Fat

USDJPY Short

Short
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
Cousin_Fat_Fat Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Fibonacci Gartley Pitchforks
10
0
fibonacci gartleypattern pitchfork
USDJPY

Dollar/Yen just put in a Bearish Gartley Harmonic.

RSI approaching trendline resistance plotted from the two previous peaks.

If the pattern confirms and the fork holds.... short it.

I just got short with a healthy stop above the peak in July.

Targets = Fib levels


Fib/Price Targets
  • 0.382 = 129.94
  • 0.5 = 127.02
  • 0.618 = 124.10

Fat_Fat
Comment:
snapshot

I was a little too quick on the Gartley. I'll use a pattern even if it's a few decimals off from the "true" harmonic.

It looks a little better now.

Dump it.
Comment:
Uh oh
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