Economic Calendar (+8GMT)
Pips collected since Feb 2014
Pairs | Type | Price | Target 1 | Target 2 | Collected pips | Closed |
---|---|---|---|---|---|---|
USDJPY | Short | 102.684 | 101.883 | 101.457 | 80 | 13th Feb |
EURUSD | Long | 1.35782 | 1.36818 | 99 | 13th Feb | |
USDJPY | Long | 101.836 | 102.835 | Trading | ||
USDJPY | Short | 102.882 | Ordering | |||
Total Pips Collected | 179 |
Friday, 21 February 2014
USD JPY Bearish Gartley Pattern forming (Feb 2014 Week 2 end)
A nice breakout from the news has sheared through our TP1 from previous order. A new pattern emerged with Bearish Gartley Pattern potentially forming the D legged. The target is at 102.874 (78.6% of XA) and then another shorting opportunity for next week if our targets are acquired.
The target lies exactly at previous structure high which gives a very good resistance for the market.
Good luck traders.
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