USDJPY: Possible Bullish Gartley Pattern Formation (Sell D Leg)
Possible bullish Gartley pattern forming on the hourly chart with the below confirmations:
AB - 61.8 fibonacci retracement of xa
BC - 78.6 fibonacci retracement of ab
CD - pending 127.2 fibonacci extension of ab
Sell completion of d leg with targets at prior pivot bottoms.
AB - 61.8 fibonacci retracement of xa
BC - 78.6 fibonacci retracement of ab
CD - pending 127.2 fibonacci extension of ab
Sell completion of d leg with targets at prior pivot bottoms.
Trade closed: target reached
Closed trade after target 1 hit and strong bull engulfing appeared.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.