USDJPY Short

USDJPY

Dollar/Yen just put in a Bearish Gartley Harmonic.

RSI approaching trendline resistance plotted from the two previous peaks.

If the pattern confirms and the fork holds.... short it.

I just got short with a healthy stop above the peak in July.

Targets = Fib levels


Fib/Price Targets

• 0.382 = 129.94
  
• 0.5 = 127.02
  
• 0.618 = 124.10

Fat_Fat

Komentarz:

I was a little too quick on the Gartley. I'll use a pattern even if it's a few decimals off from the "true" harmonic.

It looks a little better now.

Dump it.

Komentarz:

Uh oh