Get started
moneymaking

USDJPY: Gartley pattern almost complete on DAILY chart

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
moneymaking  
FX:USDJPY   U.S. Dollar / Japanese Yen
Gartley Harmonic Patterns
4
0
gartleypattern harmonicpatterns
Bearish Gartley pattern on Daily time frame is almost complete. This seems like a counter-trend trade, since the main trend is still bullish. Due to the trade setup being on Daily chart, stop loss is above 100 pips. Can wait for a deeper D point completion to reduce the amount of risk involved. We do have an exact 78.6 and 127.2 ratio confluence. Please Trade with caution. See the chart for trade setup.

Trade safe and Good luck to all !!
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.