theb0x
Short

H1 Bearish Gartley in Action

FX:GBPJPY   British Pound/Japanese Yen
132 5 0
While analyzing the other pairs, we have a gartley completion on GJ for a bearish trend ,

Since i missed this trade for a good entry, will wait for a good 2nd chance entry, such as a double top, or a better Risk Rewards ratio.

Mikoxl. PRO
3 years ago
I'm sorry, but this is not a Gartley pattern forming. Point B,C and D should be between point X and A.
Reply
theb0x
3 years ago
thx guys for the feedback ... will improve the gartley pattern :)

my rationale for saying a valid gartley was, it did not break below n close below the A leg level, the C level was a spike and then retraced back up.

will put additional comments for this type of structure.
Reply
Mikoxl. PRO theb0x
3 years ago
Well, you're right about structure. There was no break of structure of A with C. But for drawing in patterns, it is better to take the wigs.
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