Euro / Japanese YenShort
EUR/JPY - Bearish Gartley
Updated
EUR/JPY is now restesting the PRZ of a bearish gartley on the 1h chart.
The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.13 - 1.618
Final X to D: 0.786
Use the 15m chart for entries! Minimum 1:2 R:R trade.
Safe trading everyone!
The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.13 - 1.618
Final X to D: 0.786
Use the 15m chart for entries! Minimum 1:2 R:R trade.
Safe trading everyone!
Trade active
Type-II retest has been confirmed. Price is now testing resistance on the 4h chart.Requires active trade management, pay close attention to the upside break!
Note
Looking for a breakdown of the smaller structure towards the support trendline.Trade closed: stop reached
It's more than likely price is shaping up to test 131.500.Onto the next one :)
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