davide.braito

WOLF PATTERN AND GARTLEY PATTERN ON EUR/JPY possible short

Short
FX:EURJPY   Euro / Japanese Yen
543 views
3
Two tipes of pattern available on eur/jpy:

WOLF ELLIOT WAVE PATTERN with target on 126.00 and a GARTLEY PATTERN with target on 122.00. Also I set a Pitchfork to give more credibility to the idea.

Comments

thank you AncientM, maybe now there could be a little correction untill 129.700, see the bullish divergence on Eur/Jpy on 4h.
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The price is halfway targeting the wolf...good job davide
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Exactly be patient... I saw so many trade went on target after months of rally, turn round, ext... The last two days the yen returned very weak but be patient and wait.
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Looks like you called 5 / C a couple of bars too early but apart from that I like your call. I also like your Wolf target, although I think the Gartley one may not be hit if the market turns out to be going sideways. I have a similar trade on with 2 targets, one about where your wolf target is and one deeper which i am not so confident will be hit from watching the last couple of days action. Once we get NFP out of the way and traders are allowed to express their natural inclinations again, we will see where this goes... Patience is a virtue, as a wise chap once said...
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It took time to execute your wolf pattern....I am going to short the pair as I see the clear signal...
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If somenone wants contact me here my e-mail: davidebraito@yahoo.it
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yes, the next week I think will be critical for Japan, on Monday will be the elections and also maybe we will know more about the QE program, denominate Abenomics. I think there'll be a lot of volatility, possible up breakout for all these reasons... be patient and wait the market opens.
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Let the market open...I am interested with your Wolf pattern...
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