Trading_Jazz
Long

(Daily) McKinley Gartley & Ralph Elliott // IF=THEN ®

FX:CADJPY   Canadian Dollar / Japanese Yen
FX:CADJPY

Double bottom . It can work as reversal, but first things first, we have a neck to break, that will validate the double bottom ;

I think the Bears still are on control, we have no divergence on RSI and IF so, we have a cluster zone where the price "should" land around the $74 and $72; (4h chart showing strong bears pressure...)

GARTLEY
Point B:
61.8% can not touch 78.6% XA
Point C:
38.2% to 88.6% AB
Point D:
78.6% XA
127% ext AB
Target:
TP1 38.2% AD
TP2 61.8% AD

Check links below

Safe Trades;
Comment:
Comment: Test the neck - Eventual "small" short opportunity
Comment: Respecting bullish structure until now...
Comment: Neck
do you have a gallery? do you have a gartley for SPX? thank you.
Reply
Gallery? No, but i have my profile where you can use the "search Box" to look for what you need. you can also use #hashtags to seach for...
No, i do not tend to look to spx. Thanks! And you are welcome!
+1 Reply
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