(D) 2618 // ABCD // Gartley // IF=THEN ®

FX:CADJPY   Canadian Dollar / Japanese Yen

First of all, the Yen... it's strong, caution!

After a double bottom , the price forges "one close" above the neck (check 4h chart) and start a retrace, now at 61.8%... and entering oversold, searching/waiting for divergence...

Stops should stay below the bottom's, it's a daily chart ...

Long the 2618 // Short the AB=CD & Gartley ;
Note that the 2618 trade setup can hit the 200% extension as target, even more, in some cases at 261% extension. The idea is to wait the price to get the harmonic ratios/price zone, and then search for options If they exists.

Check this Aud/Nzd             as example of 2618 at 200% extension:

Safe Trades;
Comment: Test point B ? ;)
Hi Trading Jazz, if we look to 4h chart could be valid a bearish alt shark right now?
I will check, but post a chart there

+1 Reply
tabasc0 Trading_Jazz
Thanks for your reply Andre, i'm still learning! keep going with your educational content, it's really helping me getting better!
while i admit your entry was great, im not sure the drive behind it.
Neither do i, we never know where the market will print a price until it print it ;)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out