CADJPY: Bearish Gartley & Butterfly Pattern in Corrective Wave

FX:CADJPY   Canadian Dollar / Japanese Yen
After a very sharp impulsive wave to the downside we see price in a corrective wave. In this wave we see two bearish harmonic patterns ( butterfly & gartley ) with their D points very close to each other. I believe that if price reaches that zone it will start moving to the downside with a target at 1.27 of the big impulsive leg.

Entry Point: 93.185
Stoploss: 95.505
Profit Target: 85.180
I have got a pretty different idea. Please have a look at this chart.
fxkronk Dinkan
Can you please name your orange pattern?
Dinkan fxkronk
In fact, it is Gatley. But, I use fibo extension (127) to decide the point D. However, it is pretty close to 78.6% of XA. Another way to filter spikes.
fxkronk Dinkan
You better indetify D point using the retracement tool.. Point D should be at 0.786 of XA.. Your D point is higher than point X which makes this gartley invalid. No offense, just my opinion. I wish you good luck..! :)
Dinkan fxkronk
CD can also be an extension of 127.2 to 161.8 of AB. Thank you for sharing your idea
fxkronk Dinkan
What ever your plan is try to be bearish on this market at the moment.. Have a look of at weekly timeframe..
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