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LewisGlasgow
Nov 11, 2017 12:02 PM

AUD/JPY - Bullish Gartley Long

OANDA:AUDJPY240
AUD/JPYOANDA

Description

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What's going on traders, I hope you're all having a good weekend.

This is a quick post updating you all on a potential trading opportunity going into a new week.

AUD/JPY on the 4h chart with a bullish gartley pattern.

The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.272 - 1.618
Final X to D: 0.786

I'll be updating all of my positions as they progress :)
Harmonic PatternsGartleylewisglasgowlewglasgowsixfigurecapitalsix000
Comments
DeanT
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Looks ready Lewis
LewisGlasgow
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@DeanT, still waiting, not seeing any indications of a reversal yet... Hopefully enter later today
AlphaTrading
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nice idea as usual !
LewisGlasgow
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@AlphaTrading, thank you mate!
zazi2020
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Thanks mate ,is this trade is active?
LewisGlasgow
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@zazi2020, not yet but keep an eye on it completing
zazi2020
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@LewisGlasgow, thank you buddy
HARSHAP
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Hi Sir, can you please explain the right square box mentioning ratios like 2.35 tgt entry .471 with stop loss. is it chart pattern or risk reward ratio ? ( went though your educative articles,thanks a lot for guidance ,they are helpful for learners like me),thanks in advance
LewisGlasgow
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@HARSHAP, the risk to reward is shown in the centre which is 1:2.

You're more than welcome, all the best in your trading!
HARSHAP
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@LewisGlasgow, thank you,entered now @86.51 thanks for guidance Sir
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