tntsunrise
Short

USDJPY Possilbe movement with gartley and trend line confluence

FX:USDJPY   U.S. Dollar / Japanese Yen
1500 5 70
USDJPY             Possilbe movement
118.23 is the 0.618 retracement and now
it is tested and form a support level .
Price may go up to 1.27-1.414 area
for a Gartley Pattern Completion
And it is also a test to the red trend line
This will give me a hint to short USDJPY            
In the PRZ
Comment: Target 1 hit: 123.30
Close Half position:
+500 PIPS
Comment: Nice Reversal For the PRZ
For those who follow this trade,
the shorting earns 600 pips
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Interesting, I thik we might see an advance, judging by the Nikkei's price action.
What do you think?
Reply
IvanLabrie IvanLabrie
Can you fit a pattern on these two targets? Cypher? shark?
Reply
tntsunrise IvanLabrie
u mean jpn225?
Reply
tntsunrise IvanLabrie
yes. I think jpn225 will go back to 20000
Reply
IvanLabrie tntsunrise
Yeah, cool.
Would be a great short up there.
Reply
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