Trading_Jazz
Long

(D) Double Bottom // The Weekly Neck // Gartley // IF=THEN ®

FX_IDC:CADJPY   CANADIAN DOLLAR / YEN
9 months ago
FX_IDC:CADJPY            

. Double Bottom @monthly&weekly support;
. The Neck @ weekly resistance;
*Double bottom is only valid if the price break the neck;

. Bullish impulse:
- IF this is the 3th wave, it "should" terminate around the 161% extension, close to the neck, and then a small pull back expected that can't cross the top of wave 1 forging wave 4, and... wave 5=wave 1; (by default)

Between 89$ / 90$ >> The Gartley is completed, start looking for divergence on that price zone for an eventual short;

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

* Risk/Reward - SL above point X, look the structure...

Extra trade setup:
The 2618 Bullish trade IF the Gartley offer us the 2nd take profit target zone around daily support @82.81$ - again, once there, start looking for divergence for an eventual buy;

Check educational links below:
double top and 2618 - how to trade it...
default elliott waves behavior...
rsi divergence...
and harmonic patterns ratios;

Safe Trades;
9 months ago
Comment:
snapshot
Training Sessions:
Mentor @ http://www.uvesty.com/mentorings/34-andre-pinto-cardoso

Educational Videos: https://youtu.be/0adc-hwvmQM

(for 1-1 mentorship - just whisper me at Skype Trading Jazz)
jmadrid.pom
9 months ago
Your work ethic is simply amazing, The fact that you have posted so many ideas within such a short time frame proves how dedicated you are. Your knowledge of the market is unlike any other I've seen. Great job Mr. Jazz---J Madrid
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