GBPJPY 15M - Potential Gartley Patterns Short & Long
Hi all,
Looking at a pair of potential Gartley Patterns, one Long @ 157.32 and one short @ 158.36, on GBPJPY 15M. Be aware of the overall trend as always, plus the pair put in a double top recently which could offer more opportunities if it holds. Be cautious of the market gapping on the open also.
Gartley pattern details are below.
Gartley Long @ 157.32
Stops below X @ 157.23
Target 1 @ 157.76
Target 2 @ 158.04
Gartley Short @ 158.36
Stops above X @ 158.49
Target 1 @ 158.06
Target 2 @ 157.88
As always, targets will be adjusted should either pattern fill.
Looking at a pair of potential Gartley Patterns, one Long @ 157.32 and one short @ 158.36, on GBPJPY 15M. Be aware of the overall trend as always, plus the pair put in a double top recently which could offer more opportunities if it holds. Be cautious of the market gapping on the open also.
Gartley pattern details are below.
Gartley Long @ 157.32
Stops below X @ 157.23
Target 1 @ 157.76
Target 2 @ 158.04
Gartley Short @ 158.36
Stops above X @ 158.49
Target 1 @ 158.06
Target 2 @ 157.88
As always, targets will be adjusted should either pattern fill.
Trade closed: stop reached:
Gartley short invalidated.
Gartley Long hit stops for -43 pips.
Gartley Long hit stops for -43 pips.