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Alexander_Nikitin
Sep 16, 2015 2:38 PM

EURJPY trend continuation with Gartley pattern Short

Euro Fx/Japanese YenFXCM

Description

Hey traders. Priceaction made two NSL's separated by correction. This tells us about a new downward trend comfirmed. I took this Gartley to enter short in anticipation of the last NSL retest. As usual with advanced patterns Stops need to be above X. Cheers. Check the related ideas links to see how these setups work.
Comments
ervinguzman02
are you long already? or still looking for a setup?
Alexander_Nikitin
no, I'm not long.
ervinguzman02
TOOK THIS TRADE WITH YOU, SEEMS LIKE A GOOD ONE
Alexander_Nikitin
priceaction made a NSH above the previous LH. I closed my position at stoploss and returned my views into searching long opportunities now. Because of NSH short setup was invalidated but long setup is ready to come in play.
tempraturbo
Excelent pattern found in a H1 downtrend! Thanks!
Alexander_Nikitin
check the related ideas links. they contain amzing patterns, too.
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