Market trapped between two pattern
Updated
USDJPY
we have a Bearish gartley completing at 112.725
Stops 112.807
Targeting 112.587
Note if this pattern complete we could ride the short to the cypher if the market breaks the 112.500 support level.
We also have a bullish Cypher completing at 112.322
Stops 112.150
Targeting 112.500
same here but the reverse if the market breaks through resisitance at 112.500 could aim for higher targets.
Enjoy regards
we have a Bearish gartley completing at 112.725
Stops 112.807
Targeting 112.587
Note if this pattern complete we could ride the short to the cypher if the market breaks the 112.500 support level.
We also have a bullish Cypher completing at 112.322
Stops 112.150
Targeting 112.500
same here but the reverse if the market breaks through resisitance at 112.500 could aim for higher targets.
Enjoy regards
Trade closed: stop reached
Both trades invalid onto the next one.
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