U.S. Dollar / Japanese Yen
Long
Updated

USDJPY bullish Gartley pattern with daily demand zone

42

A textbook-like demand zone with a harmonic pattern to optimize the entry location. What's more, there was a long bullish candle which had broken a series of structures in the daily chart, including the last resistance 105.3

I am, by and large, quite interested in this opportunity. If the price breaks point A before breaking point B, this trade will be cancelled.

Entry: 105.31
SL: 104.99
TP1: 105.94
TP2: 106.34
Note
SL correlation: 104.99
Order cancelled

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.