TamaYU

AUDJPY Possibe Gartley/Bat with a 3 Drive Pattern

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
Possibe Gartley/Bat with a 3 Drive Pattern.
in this pattern formation we see 2 patterns at the same time, either u took the gartley with a 61.8% retracement as B point or the bat with a 50% retracement as its B point.
for me, im more comfortable trading the bat pattern for it will give me lesser risk and more reward, though structure wise, we see a lot of confluence in that 78.6% because of previous structure support become resistance.
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.