Fxprotrader

USDJPY: Pending Bullish Gartley Pattern

Long
Fxprotrader Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
In a previous USDJPY post (link below) I highlighted using median line analysis a significant support level where we should watch for a buy setup completion. This bullish gartley may be a fantastic opportunity to go long for a massive upmove. I don't use specific target profits in this one. Try to trail your position using swing and stay into the trade as much as it rallies. Sl should be placed below X point of XA wave.

I will update when necessary ;)
Trade active:
Price reached the sliding parallel acting as support breaching below the 0.786 fib retracement. The pattern has been completed, the trade is active
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.