Alexander_Nikitin

Weekend analysis. gartley

Short
FX:EURJPY   Euro / Japanese Yen
A potential gartley pattern is setting up. I may take for a while to complete (if it ever completes). The blue rectangle is a potential reversal zone composed by a convergion of three fibonacci measurements: 0.786XA, ab=cd and 1.618BC inversion. Look for a selling opportunity within the PRZ. Based to conventional harmonic approcah rule the pattern is only becomes complete after a termonal bar crosses the last level of the PRZ. My personal rules are less strict: I consider the pattern completed as soon as the 0.786XA is touched.

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