USDJPY - Potential harmonic patterns

已更新

Just an observation. I'm currently flat, waiting to see if an opportunity presents itself.

- Potential pattern short entry up at 111.193

- Potential pattern long entry down at 110.663

Time will tell. I'll post here if I decide to jump in either of these.

Trade safe. Good luck all!

注释

I'm not one to usually set limit orders, but I need to grab a couple hours of sleep. Don't want to doze through an opportunity so I'm setting some sells around 111.193. Recent structure gives an obvious stop-loss zone.

订单已取消

Order cancelled.
If it sets up I'll trade it manually

交易开始

That was so fast I should have left the limit order...lol
Anyway, short active. Fingers crossed

注释

I'm going to be optimistic and call the target to be 110.663.
Best case scenario I take a tidy profit and be on the lookout for a potential long entry.

But if it breaks below the low I'll wait for a retest or price pattern to give an opportunity to join the short, already in progress

交易结束：到达止损

never a dull moment in Forex :-)