USDJPY Bearish butterfly harmonic pattern

2018년 8월 21일

USDJPY is forming a bearish butterfly harmonic pattern. My intention is to trade the last trendline from C to D. To support the pattern, point C also confluence with the lower trendline of the broadening bottom formation. Consider enter your trade once price bounces off the trendline and starts to move upward.

Trade setup is on the chart

2018년 8월 22일

액티브 트레이드

95% of take profit 1 is completed. Cash out 1/3 of your position if you feel good enough

2018년 8월 22일

노트

moving your sl 10 pips above your entry to secure

2018년 8월 22일

액티브 트레이드

target 1 is reached. Price is parking around 110.41 to regroup. next target might be reach within London session open.

2018년 8월 23일

노트

Target 2 is reached. minor retraced. If break above 110.60s will continue to move to target 3. Then, harmonic pattern is completed

2018년 8월 23일

거래청산: 타겟 닿음

Target 3 reached.