USDJPY Bearish Trend Continuation Trade & Gartley
USDJPY is still holding its current downtrend on the 60min chart. Until this trend reverses I will continue to sell all rallies.
Currently we have a Gartley, ABCD Pattern, and Fib Inversion all lining up in that "Sell Zone" (Purple box).
This gives us a CTS score of 8. If the RSI goes Overbought and/or we get Divergence on it, then we could have a score of 9 or 10.
Entry - I will use the Gartley Pattern to enter this trade aggressively.
Stops - 1 ATR above last Swing High
Target #1 - Retest of Previous Structure Lows
Target #2 - 1.27% Fib Extension of the last down leg
Currently we have a Gartley, ABCD Pattern, and Fib Inversion all lining up in that "Sell Zone" (Purple box).
This gives us a CTS score of 8. If the RSI goes Overbought and/or we get Divergence on it, then we could have a score of 9 or 10.
Entry - I will use the Gartley Pattern to enter this trade aggressively.
Stops - 1 ATR above last Swing High
Target #1 - Retest of Previous Structure Lows
Target #2 - 1.27% Fib Extension of the last down leg
交易結束：達到停損點
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。