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chike00
Aug 2, 2017 11:48 AM

GBPJPY Potential bearish Gartley pattern formation Short

GBP/JPYOANDA

Description

A to B leg touches 0.618
B to C leg touches 0.618
C to D leg looks like it'll reach the 0.786 (Fib retracement) or the 1.272 (Fib extension) level

You can sell at either 146.843 (0.786) or 147.051 (1.272)

Stop loss set at the 0.5 extension level
Take profit set at the X point

Good luck! Hopefully this pans out.
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