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FeelsFX
Mar 6, 2015 1:43 PM

GBP/JPY potential pattern Long

British Pound/Japanese YenFXCM

Description

Gartley drawn in a best outcome scenario. 618 C was held so that makes me think we will have a reversal. PRZ is not that narrow and since its a Gartley pattern we shall be looking for the AB=CD to complete. Stop losses a few pips after the X, TG1 and TG2 are on fib levels and in the best case scenario we will have a trade with around 4:1 RR. Just stare at the chart it could be one of the great trades this year.

That's all, folks.
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