glennmercer
Long

LONG AUDJPY: PERFECT WEEKLY GARTLEY ENTRY

FX:AUDJPY   Australian Dollar/Japanese Yen
AUDJPY             has completed a bullish Gartley pattern on the Weekly chart:
snapshot

It is now time to start looking at long opportunities on a shorter TF. On the D1, the pair has completed a bullish Wolfe Wave pattern with two missed weekly pivots above price to add to the bullish bias. The .382CD retracement on the larger Gartley pattern aligns precisely with the potential completion of a bearish bat on the daily chart . This PRZ will be used as the target area. SL is placed below C point of Bat. If price pulls back from the Bat PRZ I will again look for long opportunities to complete the Wolfe Wave and W1 Gartley pattern reversals.

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Trade closed: target reached: +574 Pips
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