3 Ideas for the next week or two

FX:EURJPY   Euro / Japanese Yen
26 1 1
Seen in the 4h chart, we have been in a strict channel since August of 2015 (Purple Lines) in this pair with only one false breakout in Feb. which starts our descending wedge pattern (Blue Lines). "I think" this is leaving price action with little place else to go but up. We are 2/3rd s of the way through our descending wedge and have 4 of 5 points completed to a Gartly (Yellow) pattern (Not perfect but close). I don't trade trade these patterns until they complete (D point in Green Box). There is a possible Gartly (Pink) where a C point at the 61.8 would be confluent with structure resistance . If this C point is hit I would place orders when The Pattern is complete; when D passes the 78.6. This would invalidate the Yellow Gartly. If the Price drops without hitting The C point in the Pink Gartly I will be looking for a double bottom somewhere in the orange box. If price points hit C and drops to create a double bottom , I will trade that as well (after a confirmation candle). I would trade either idea with 2 contracts and targets at the 38.2 and the 61.8.

3 Ideas that should either be invalidated or completed with in the next week or two.
Hi, now that price is in orange box, is in a valid for a buy now?
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
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
AR العربية
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