mjchase

CHFJPY Bullish Gartley Harmonic Pattern

Long
FX:CHFJPY   Swiss Franc / Japanese Yen
Here we can see a potential continuation of the bullish trend on CHFJPY .

The Gartley provides us with an opportunity to enter the trade on a 78.6% retracement of the recent bullish Move.

This Gartley also possesses a distinct 127.2% BC projection Which lines up close to the 78.6% XA retracement.

These measurements have both been broken in a single bearish candle and proceeded to move to the upside.
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