Alexander_Nikitin

Using Gartley Formation as Trend Continuation + Acknowledgement

Short
Alexander_Nikitin Updated   
FX:EURJPY   Euro / Japanese Yen
Hey, traders. Here's an example of trades we found recently. The idea is that a trend is a tendency of price to move in one direction. With that being said now look at the chart. We are obviously bearish. A series of lower lows and lower highs is pretty noticeable. What will indicate that the trend is over? It is a violation of the most resent high. That's why the stop is placed here. Targets are on the chart. I strongly recommend my students first the 61,8 target and become consistently profitable with it before they even think about the extended targets that I poersonally use. Hope you find the information helpful.
By the way. Some acknowledgements. I appreciate you gyus following me. It is 1000+ subscribers here on Tradingview. You support is very helpful for me. Keep up that work, mates. I appreciate it a lot.
As I usually say in the end: Click likes, share and follow me here if the information was valuable.
Order cancelled:
Hey, traders. This one didn't trigger

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.