Akil_Stokes

USDJPY: Potential 2618 & Advanced Pattern Formation & a vote

FX_IDC:USDJPY   US-Dollar / Japanischer Yen
Happy Friday traders! Great to see everyone survive another week in these wild wild markets! Last night we were looking for a potential bullish 2618 trade to occur here on the USDJPY             as a more conservative approach for those looking to get long.

If we get a completion, it would also represent the "C" leg of a potential advanced             gartley formation providing traders with the opportunity to ride price up and then stop & reverse for a move back down (assuming it fits your plan).

We had a nice move on the previous 2618, but now it's pretty difficult for me to get a read on what Yen's next move is. There's not clear level of major support present so when talking to traders about this pair, we've been going over using a cautious approach.

Have a great weekend and also, lately I've been taking votes for what pair you'd like me to analyze in my Forex market Preview video. So if you have one that you like shoot it in the comment section below before Sunday!
Thanks
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@HaniSami, You're welcome
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Thanks for sharing, learning more every day thanks to you guys! :)
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Akil_Stokes SirfromRotterdam
@SirfromRotterdam, Thank you
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Looks like we did very well Akil :)
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ianchris StarProsper
@StarProsper, why did you or you two take the trade? It didn't reach point D, so it was no gartley pattern... what information did I miss?
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@ianchris, I did not take it, never go tot my completion point
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StarProsper ianchris
@ianchris, The 2618?
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Great charts:it is good to take profit @ the 0.886 fib level,Let your profits run,don't take all your profits at the 2618 target,there's H&S pattern:
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Akil_Stokes EsmailBoumrah
@EsmailBoumrah, Thank you
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