J_Graystone
Long

USDJPY Potential Bullish Cypher & Gartley Patterns

FX:USDJPY   U.S. Dollar/Japanese Yen
468 8 10
Following yesterdays higher high, higher close above previous structure resistance , I would expect further movement to the upside.
If price action retraces down, then advanced pattern traders have two opportunities to get involved.

Potential Gartley pattern at 118.22 and a potential Cypher pattern down at 117.95

Stops would depend on your rule for placement but below X in either case.

Of course, if price action continues higher and violates the high, then both of these patterns will be invalidated.

If you are learning to trade but are overwhelmed by the information overload available on the internet, then come over to the live trading room to watch me trade live this morning for FREE , go to;

http://www.tradeempowered.co.uk

And don't forget to follow me on Twitter and Youtube where you will find tonnes of free, high quality content.

Click Below Now

https://twitter.com/J_Graystone

https://www.youtube.com/channel/UCCDu1S_OmR5XtM-AzL-_U1Q

https://www.facebook.com/JGraystoneTE/

https://www.instagram.com/j_graystone/


Good Luck!
Have this on my Radar too. Looking to enter it as a TCT though.
+2 Reply
Not a bad idea. Good Luck
+1 Reply
hovedguy YemiTrader
Hey Yemi, what you mean by TCT?
Reply
I see a bat pattern in there too...
+1 Reply
J_Graystone PRO mendrinvest
Nice. I don't see a BAT by my rules of entry but trade what you see.
Reply
Great view, i got this setup, both worked well!
USDJPY STRUCTURE


What do you think?
Reply
Nice. Hope you took this !
Reply
J_Graystone PRO Kevin_Lomax
Nope. didn't meet my rules of entry so couldn't get involved. On to the next one. ;-)
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out