USDJPY 1HR CHART
USDJPY 15M CHART
BULLISH GARTLEY PATTERN
ANOTHER LONG-TERM BULLISH PATTERN ON THE DAILY CHART MAKES ME THINK WE ARE HEADED UP TO 119.80 PRICE AREA IN THE NEXT WEEK OR TWO, SO I LIKE THIS SHORT-TERM BULLISH SETUP (15M CHART) COMING OFF OF PREVIOUS RESISTANCE THAT SHOULD NOW ACT AS SUPPORT (1HR CHART).
STOP @ 117.75, ENTRY @ 118.03, TP @ 118.49
28 PIPS : 46 PIPS (RISK : REWARD)
DISCLAIMER: Trade these setups at your own risk. This post is an “educated guess” based upon my technical analysis. If you are trading live, limit your risk to 1% of your account balance. If you have zero experience trading, I highly recommend you start with a demo account before going live. Trading without a strategy and without risk management is no different than gambling. Please trade safe and responsibly!
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