FX:AUDJPY   Australian Dollar/Japanese Yen
725 11 6
A bearish gartley is very close to completion @ structure. The RSI is also indicating an oversold status. Put the stop loss nicely above the impulse leg of this pattern and very little can go wrong. The risk reward ratio is approx 1.5:1 for the first target and larger than 2:1 for the second target.

**** UPDATE ****
The market decided not to respect this pattern and it failed
snapshot
Erase & Rewind ... up to the next opportunity
Shaior
2 years ago
Nice pattern. Aud/Usd Bat is also going to be completed....
+1 Reply
Nico.Muselle MOD Shaior
2 years ago
Yes, I posted the AUDUSD bat previous weekend ... now finally nearing completion ! :)
+1 Reply
Shaior Nico.Muselle
2 years ago
I know, previous week i thought the Aud/usd Bat wouldn't complete, But, this week price is heading towards 88.6%. Let's see what market plays with this pattern....
+1 Reply
Nico.Muselle MOD Shaior
2 years ago
Same here, I though it would not complete, but what do you know ... patience pays off :)
+1 Reply
Shaior Shaior
2 years ago
This is the latest view on Aud/Usd for me... Please take a look...
snapshot
+2 Reply
Nico.Muselle MOD Shaior
2 years ago
Hehehe, I have the same butterfly in my charts now ... not published though ! Excellent job !
+1 Reply
Shaior Nico.Muselle
2 years ago
Thank you.
Reply
Shaior
2 years ago
Are you following this too?
snapshot
+1 Reply
Nico.Muselle MOD Shaior
2 years ago
Yep, I'm short EURUSD ;)
Reply
Parmenides Shaior
2 years ago
Missed the trade with 1 tick :(
Reply
Nico.Muselle MOD Parmenides
2 years ago
Don't dispair, there might still be another opportunity, we might for example put in a double top ;)
+1 Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out