USDJPY Bearish butterfly harmonic pattern

2018年8月21日

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

2018年8月22日

交易开始

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

2018年8月22日

注释

moving your sl 10 pips above your entry to secure

2018年8月22日

交易开始

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

2018年8月23日

注释

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

2018年8月23日

交易结束：到达目标

Target 3 reached.