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bryanrg
Feb 23, 2018 8:50 AM

AUDJPY Daily Chart: Bullish Gartley Completion @ 83.1 Long

Australian Dollar/Japanese YenFXCM

Description

Trade active

Half position entered at market (83.30’s), limit order for 83.10’s. Targets 86.50’s for this order, second or order will be taken off at 85.50’s. Stops below important structure as seen on chart.

Comment

Full position entered. Half at 83.30’s on Friday, other half 83.60’s a few hours after weekly open

Trade closed manually

Closed for around break even. Looking at the 127.2% extention of AB for possible re-entry. Will be keeping a close eye for Possible Bat pattern on higher timeframe to play out.

Trade active

Re enter full position @ 83.15 for better risk reward. Stops 82.85. Targets 86-86.80.

Comment

Stopped out & re entered heavily @ 82.83, this is the 127.2% of AB, pattern fails if we do not reverse here. Stops 82.55, Targets 86.50’s.
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