The chart shows a Gartley pattern completion for a short opportunity. We also see a major structure resistance at X-Leg where we our stops at which makes us a 1-1 Risk/Reward ratio on our first target.
As we see USDJPY is trading sideways at this moment, we can set our 2nd target all the way back to C-leg (or even back to previous structure support at 123.2x.
As we see USDJPY is trading sideways at this moment, we can set our 2nd target all the way back to C-leg (or even back to previous structure support at 123.2x.