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UnknownUnicorn300837
Oct 27, 2016 11:48 AM

A bit more action - Part 1/3 Short

British Pound/Japanese YenFXCM

Description

After seeing dead markets yesterday, there is a little bit more action today and some patterns are setting up or coming near completion.

First pattern on my radar coming near to completion is this bearish Gartley on H1 timeframe with GREAT potential risk-reward ratio (2,5:1 on T1 and 4:1 on T2).

Orders are placed and waiting to get filled.

Trade closed: target reached

Painless trade to T1 (+100 pips)
A bit more painfull towards T2 as price did consolidation yesterday and came 2 pips from my T2 overnight.
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