rozela99

2 POTENTIAL TRADE SETUPS ON USDJPY

FX:USDJPY   U.S. Dollar / Japanese Yen
I wanted to share 2 potential trade setups here on USDJPY             . The first being IF - price rallies from here up to the 113.20 (without breaking the 111.358 levle) we would have a bear gartley completion. The second being IF - the A point of the potential bear gartley is broken & price pushes lower to the 110.82's we would have a harmonic move, 127 fib ext, Along with a 786 fib retracement & the 111.000 handle a little higher. I would then wait for say a double bottom or a 2618 trade setup to get long. Just a thought.
Comment: As price slowly drifts upwards to potential completion. I have entered my order. to get short the bear gartley.
Comment: Filled short. Now IF price will fall and hit targets.
Comment: When Price touches my target without filling me I am to roll stop to breakeven. Its unfortianate that I accidently closed the trade. +20 pips. I did leave @ least 40 pips on the table. And If price does end up hitting what would have been T2 leaving a max of 84 pips on the table. It happened and now I have to move on. Just thought I would share that.
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