CHFJPY - 2 Harmonic trend continuation opportunities

By TimBrent
Updated
Hello traders,

2 nice harmonic patterns on CHFJPY 0.11% to hop in the trend.
Reason for entry:
Price broke a major support level on the daily TF. That gives me a reason to short any harmonic move's into the previous outside return.

Pattern 1 (blue) - Potential Cypher:
Entry: 113,882
SL: 114,577
T: 111,501

Pattern 2 (pink) - Potential Gartley:
Entry: 113,057
SL: 113,595
T: 111,501

Lets see if one of these (or borth ofcourse) patterns can complete

Have a great week of trading
Regards
Comment
Gartley completed lets wait for a LLLC
Comment
LLLC for the gartley. entered at 112,707
Trade closed: target reached
Targets hit, pain free trade. Cheers
Chart PatternscontinuationHarmonic PatternspatterntradingtrendTrend Analysis

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