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USDJPY Signal: Bearish Gartley And Short Opportunity

Description: USDJPY is printing a Bearish Gartley on the M30 Chart. Before the Gartley completion, a potential Bearish Shark Pattern would be completed at 108.620. We will watch the price action to enter the trade.

Time Frame: M30

Trade Period: Intraday /Scalping

Estimated completion time: 2-12 M30 Candle Sticks

The trend in the Timeframe: Bullish

The trend in the Daily Chart: Bearish

Trade Based On Bearish Gartley Harmonic Pattern

The accuracy of the pattern: 87 %

Recommended Lot Size: 0.10 at 10K

Trade: Short

The Area Of The Entry: Shark Entry: 108.630 Gartley Entry: 108.730-108.840

Stop Loss: Above X 109.100

Target 1: 108.400

Target 2: 108.210

Target 3: 107.810

Extented Target: 107.440

Note: If the pattern does not work as predicted and breaks above 109.180, it is likely to test 109.540. We have a bearish butterfly pattern which can be used for short entry. I will publish it according to the price action.

You can view the setup:USDJPY Bearish Gartley

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

USDJPY Bearish Gartley :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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