Fxprotrader

USDJPY Pending Gartley Pattern At Key Level

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY is in a corrective structure after a sharp down move. In this corrective structure we may see a pending gartley pattern with its D point at the very close to the upper bond of the correctice structure.

Stoploss and profit targets as shown at the chart. If price reaches the first target we move stoploss at breakeven at the second position.

In a higher time frame we can see the bigger picture:
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