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glennmercer

USDJPY Long: Yen selloff, DXY Rally at Gartley PRZ

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
glennmercer Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Chart Patterns Harmonic Patterns Trend Analysis USDJPY DXY glennmercer gmercerfx dollarindex dankfx
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chartpattern harmonicpatterns trendanalysis usdjpy dxy glennmercer gmercerfx dollarindex dankfx
Hey traders, I like the yen short throughout the remainder of the year as equities and risk-on positions rally through the holidays. The DXY is making signs of reversal in a Gartley PRZ on the 4H timeframe. I like long dollar and short yen up until the USDJPY gartley reversal zone. Cheers
Comment:
snapshot

Update: Buy stop has not yet been trigger. If USD shows signs of strength here, trade will continue to be pending. If SL level is breached before entry, trade will be cancelled.
Order cancelled:
SL breached before entry. Trade cancelled.
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