Oztrade

GARBYPHERBATLEY - STOP AND REVERSE 5 TIMES - AUDJPY - 60m 15m

FX:AUDJPY   Australian Dollar/Japanese Yen
67 1 0
Hi All - see here a 5 time potential stop and reverse - this would have been great to hit all of these on stop and reverse. For a potential reward of P/L 392 - this is a perfect world for a trader obviously we hope that our lower end targets at least get hit let alone something like this - the 5th pattern appearing but not yet complete is a small Gartley . Very Cool I have heard of this where a trader I know hit 5 in a row. Not sure if it was on stop and reverse to increase reward of if they just used standard basic target levels. Hope you like this its good to post what has happened previous and not just what is coming next - Why did it happen and whats is going to happen. Thanks
This is now going for a Cypher for the 6th Pattern - will see if it stops out getting close.
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