taksistalo

USD/JPY move up

Long
taksistalo Updated   
FOREXCOM:USDJPY   U.S. Dollar / Japanese Yen
Hello Traders,

Looking for the move up on this pair

We have nice rejecting from 105.500 level, and there are some patterns as well and we are chilling at the pivot point.

H1 patterns:

Garthley --> with completion around 106.770 - purple
Bats --> with completion from 107.3 to 107.5 - very light red

Trade your plan, if you don't have one than develop and practice it. Trading as any other skill takes time, hard work and dedication to develop. Don't try to copy someone instead develop yourself.

I'm a scalper, however major direction expected is always there in my head and I just read price action on lower time frames like 1-5-15 minute charts.

Comment:
great move as expected
Comment:
Garthley invalid now, Bats are still not completed, however the move up brought a lot of pips
Trade closed: target reached

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.