AUDJPY Bullish Gartley Setup Pending Orders

Australian Dollar/Japanese YenFXCM

Description

⋅ Oct 5, 2016 2:21 AM

Potential Gartley Pattern
1.Move A B should be the .618 retracement of move X A.
2.Move B C should be either .382 or .886 retracement of move A B.
3.If the retracement of move B C is .382 of move A B, then C D should be 1.272 of move B C.
Consquently, if move B C is .886 of move A B, then C D should extend 1.618 of move B C.

AUDJPY Gartley

Comments

waterman

⋅ Oct 5, 2016 2:32 AM

harmonic pattern elaboration is very good. thanks for giving the knowledge.