Potential of a USDJPY short

20 Oca 2019

At first, a Gartley pattern was forming but it got violated and then we got its extension which is the Bearish Crab pattern and
after a Fib retracement of the last wave we find the targets in 0.382 and 0.618 levels.
We have a nice risk to reward ratio with a stoploss slightly higher than the swing high of CD wave

22 Oca 2019

İşlem aktif

First target hit

23 Oca 2019

İşlem kapandı: hedefe ulaştı

Alright, our first target was hit and then it went to run out the stops,fortunatly I closed the whole position at T1 because there was signs of reversal (Stoch RSI cross,the 1H candlestick