USD/JPY forms bullish Gartley pattern, good to sell on rallies

FX:USDJPY   U.S. Dollar / Japanese Yen
431 0 8
Harmonic patternBullish Gartley pattern

Potential Reversal Zone ( PRZ) -121.35

USD/JPY             has made a high of 121.25 and declined from that level. It is currently trading at 120.78.

On the downside major support is around 120.50 and break below targets 120/119.60 level.

Short term bullish invalidation only below 119.60.

The pair’s major resistance is around 121.50 and indicative break above will take the pair to next level to 122/122.30.

It is good to sell on rallies around 120.95-121 with SL around 121.35 for the TP of 120.05.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out