POTENTIAL GARTLEY PATTERN FIRST TARGET IS PINK LINE WHICH IS 78.6 OF XA AND ALSO 1.272 OF AB MAKING A FIB CLUSTER AND SECOND TARGET IS BLUE LINE WHICH IS 1.618 OF AB AND BOTH ARE NEXT TO STRUCTURE MAKING EXTRA CONFLUENCE WAIT FOR PULLBACK TO C AND CAN BUY UP TO D MONITOR PRICE ACTION ALSO BROKE TREND-LINE SO THIS IS LOOKING REAL GOOD FOR A BUY
update, a failed cypher pattern is a potential inverse head and shoulders pattern if dont break yellow zone we can see it form right shoulder if it breaks could see a cypher (price action
potential bearish bat pattern sell at D if price does not break the nose then this pattern is no good
wait for pull back then sell potential head and shoulders pattern and AB=CD pattern
potential bearish cypher pattern wait for retest of breakout and could buy up to D then look for a sell
Update besides potential cypher also potential inverted head and shoulders need to respect level and drop from there the cypher is no longer valid
potential cypher pattern needs to break 61.8 weekly resistance, if it respects and drop we’ll look at it in a different perspective
short to 38.2 look for break and retest on lower TF cause we missed the first entry, rejected weekly resistance nicely nice fib cluster with 38.2 retracement and 1.618 extention in close proxmity making a strong zone or wait to price reach there and look for potential buys
update on USDJPY Bearish BAT finally completed could go up little more into yellow zone then drop let’s watch for price action