Short Trade, following the trend.
High entrance, little stop.
If the trade runs in profit, you could also move your stop to the last high and eleminate the TP, but here i marked it with a RRR > 2
Trading the trend
Opportunity to short the USD/JPY with 2 targets.
Looking for the confirmation for the pattern.
Then we got the opportunity to buy and reach Target 1 and Target 2
Try to learn harmonic patterns, let´s see if it works...
Possibility for a break out.
Let us see, what will happen ;-)
It´s just for practising.
After the Daily Channel is touched at his resistance line, this could be a nice trade setup.
Wait for confirm at the 61.8 for short opportunity
I see the opportunity, that the course pullback from the resistance (Daily) and fall down to the resistance line of the flag.