faylee

potential Bearish Gartley for UJ?

Short
faylee Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Today FOMC so i won't give the actual entry for this set up, only tell the direction
Watch for a bounce once $115 rejected, will go short.
Tg:$113.5,$112.6,$111.1
Comment:
Daily chart compare with two rate hike in history and FOMC in Mar 2016.
Comment:
Weekly PA talk...
Comment:
1st tg reached, waiting for a bounce to short again
Comment:
Bounce to 113.77 go short again to tg:112
Comment:
That's the daily chart update:
Trade closed: target reached:
already hit Tp2:112.6, so I closed all my short positions for 200+pips in pocket. it will see a bounce in the following 1-2 days, will wait to see if it's still available to short again.
I usually clear positions after 2nd target reached.
Trade closed: target reached:
It finally approached TP3:111.1

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