Gartleys - EUR/JPY

FX:EURJPY   Euro Fx/Japanese Yen
52 0 1
4 months ago
Two gartley patterns on this pair with our first one complete and entry orders filled. The market has been moving within a range and has presented us with a shorting opportunity. We have some RSI divergence as well as ab=cd pattern confluence. Previous structure resistance was rejected 3 times so we can state that this is a high probability trade.

Targets at 0.382 and 0.618. If after targets are reached and price moves back up, we could potentially trigger another gartley at another significant level of structure.
4 months ago
Trade active: Stopped out on first gartley, second gartley has been triggered.
4 months ago
Comment: SL moved to break even.
4 months ago
Trade closed: stop reached: Price pulled back to SL and went back down to hit second target, unfortunate.
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