Daniel-Malik
Long

AUDJPY - Gartley Pattern Forming. Take Long From Blue Zone.

FX:AUDJPY   Australian Dollar / Japanese Yen
Hello Traders I just found AudJpy             forming a Gartley Pattern . Take long position from Blue zone after watching a price action thanks.
Comment: just falling towards entry
Comment: Near to Entry !!
It will most likely retrace from 75.901. Nice (y) :D
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hi like i told you before this pattern is not a gartley my friend
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I might be wrong . BTW what this pattern called then ?
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BLUE43 Daniel-Malik
or you are looking for an abcd extension or it can be a bat with a D at 886 or just a pullback at your support zone. Not all the time there is pattern
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move A-B should be between 0.5 - 0.786 retracement of first move. move B-C should touch the atleast 0.618 of move A-B and cannnot go above the previous high.. D leg should touch the 0.886.. :) Different people have different perspective about the patterns so no need to worrry. Happy Trading :)
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