USDJPY Bearish butterfly harmonic pattern

٢١ أغسطس ٢٠١٨

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

٢٢ أغسطس ٢٠١٨

تم فتح الصفقة

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

٢٢ أغسطس ٢٠١٨

ملاحظة

moving your sl 10 pips above your entry to secure

٢٢ أغسطس ٢٠١٨

تم فتح الصفقة

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

٢٣ أغسطس ٢٠١٨

ملاحظة

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

٢٣ أغسطس ٢٠١٨

أغلقت الصفقة: تم الوصول للهدف

Target 3 reached.