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bekkerm
Sep 18, 2014 7:41 AM

Gartly combination with DB. Be consistent! Short

Australian Dollar/Japanese YenFXCM

Description

A move down ended up in a double bottom for AUDJPY. It bounced back to .618 what turned out be a potential XA leg of the Gartley. So what does the trading plan say? Can you trade the DB and enter at .618 retrace of AB (this would mean a trade within a pattern) My book says no so I will wait to see if the patterns forms and then look to get in.
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