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USDJPY Bearish Gartley and Short Opportunity

USDJPY Bearish Gartley and Short Opportunity

Description: USDJPY Completed a Bearish Bat Pattern at D 108.900 Fibonacci 886 % of XA. Potential bearish reversal is predicted.

Time Frame: H1

Trade Period: Intraday /Scalping

Estimated completion time: 3-12 H1 Candle Sticks

The trend in the Timeframe: Bullish 

The trend in the Daily Chart: Bearish

Trade Based On Bearish Gartley Pattern

The accuracy of the pattern: 89 %

Recommended Lot Size: 0.10 at 10K

Trade: Short

The Area Of The Entry: 108.900 – 108.850 ( Entered at 108.500 )

Stop Loss: Invalidation Above X 119.180

Target 1: 108.600

Target 2: 108.400

Target 3: 108.200

Extended Target: 107.880

You can view the setup and updates: USDJPY Gartley Pattern

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DISCLAIMER: This is a technical analysis study, not advice or recommendation to invest money

USDJPY: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility

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