848evo

[ANALYSIS] EURJPY Potential Gartley Reversal

FX:EURJPY   Euro Fx/Japanese Yen
33 0 5
EURJPY             may possibly be setting up for a gartley formation, if PA breaks the upper point A resistance line, I'd expect price to continue going up the same height as the broken wedge formation, but if price reverses below the prior support level , we could see the completion of a gartley formation to the downside with a TP just below the lower support level .

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***** HOW TO READ THE CHART: The red and blue lines represent clusters of BUY/SELL orders. The thicker the line, the stronger the cluster. Red = SELL, Blue = BUY. Grayed Out = Cluster Hit & Gone.
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