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chesspool
Jun 12, 2017 12:17 AM

EUR/JPY - Two Advanced Pattern Opportunities Short

Euro / Japanese YenFOREX.com

Description

Price Action on the higher timeframes, has broken to the upside, giving the possibility of one of these or both patterns completing. If both complete, this would probably mean that the Gartley Pattern would most likely lose, but these patterns nevertheless are here on the chart as potential patterns. At either rate they would be counter trend trades at the present moment. I would prefer the Bat Pattern, because of the lesser risk, and better reward opportunity.
Comments
Alexander_Nikitin
ther's no gartley on your chart. B-point must be 0.618XA for a gartley to be valid
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