TomHall
Short

USD/JPY - Three Reasons To Look Short

FX:USDJPY   U.S. Dollar/Japanese Yen
1255 7 26
On the USD/JPY             1h chart we have three potential short opportunity at the D leg completion of a Gartley Pattern & two Cypher Patterns

Blue Cypher Pattern D leg completion - 122.801
Yellow Cypher Pattern D leg completion - 123.437
Grey Gartley Pattern D leg completion - 123.120

The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for all three patterns placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed above X leg structure resistance.

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Tijmen_K
a year ago
good job same thoughts ^^
+1 Reply
TomHall TOP Tijmen_K
a year ago
Thank you, best of luck.
Reply
pyramids_Forex
a year ago
Gartley pattern
snapshot
+2 Reply
TomHall TOP pyramids_Forex
a year ago
Money in the bank :-)
+2 Reply
georgianp
a year ago
nice Tom
+2 Reply
TomHall TOP georgianp
a year ago
Thank you.
Reply
The extension should be A to B. B to A would inversion)
Reply
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