GBPJPY Fib Inversion Trade Set up (Short)

FX:GBPJPY   British Pound / Japanese Yen
919 13 23
Well, these things are everywhere lately!

Looking at ANOTHER Fibonacci Inversion Trade

Looking for Targets down at a retest of previous structure lows
Entry at the 1618 Fib Inversion lining up with previous structure Support
should now become resistance

Conventional Stops 1 ATR above Entry


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It's like you knew it would reverse there. What type of magic are you London Live Room boys using lol
+1 Reply
J_Graystone PRO Akil_Stokes
Well you see The 12 Week Transformation Course is like Hogwarts.
+1 Reply
Akil_Stokes PRO J_Graystone
You're so shameless in your promotion lol
J_Graystone PRO Akil_Stokes
I don't see why we shouldn't be! It's the best course out there.
also a gartley pattern use as entry
+1 Reply
Nice. Not a Gartley for me though as the C leg doesn't reach a 618 retracement from A-B which I need as part of my Gartley Rules.
DerekUweri71 J_Graystone
Hi Jason, nice set up by the way.
The pull-back from where you measured the 161.8 extension, has it broken structure?
DerekUweri71 davidarwen
Hi David, seems like the same set up but a different name.
nice set up, I was looking at this too.. also a Gartley patter

Good stuff, was just looking at this as I start my post NY
+1 Reply
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