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U.S. Dollar / Japanese Yen
Short
Updated

USDJPY: fading the highs

187
''SELL MARKET ORDER''

Why sell?

  • Gartley '222' (BAT)
  • Trendline resistance
  • Hidden divergence


Targets:
1.618
2.618

Good luck to all trading JPY!
Note
Scratched the idea of 2.618 and gunning straight for the 1.618. Here is the trade:
snapshot
Note
1H:
snapshot
Note
Moving stops to B/E here and letting the trade play out - 20 pips away from target
Note
snapshot adding more shorts at the 0.382 retracement!
Trade closed: stop reached
MikulovicFOREX
Chart Patternsgartley222Harmonic PatternshiddendivergenceTrend AnalysisUSDJPY

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.
Chart Patternsgartley222Harmonic PatternshiddendivergenceTrend AnalysisUSDJPY
MikulovicFOREX

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.