J1bsFx

GBPJPY - Potential continuation with bullish Gartley

Long
J1bsFx Updated   
FX:GBPJPY   British Pound / Japanese Yen
5
A potential Gartley is forming in a predetermined continuation zone withing previous structure.C leg can complete anywhere in purple box. If you look left along the horizontal dotted line, you will see that this point is very well respected in the past (if this idea allows you, otherwise check your charts along 138.5). My targets for this will be based on structure- more than likely a retest of A for T1 and a continuation to a test of 140.5 or so for T2 (will decide later)

Goodluck all
Order cancelled:
invalid
Comment:
Price movement might print a bullish cypher instead now

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.