olly_price
Short

JPYCNH Gartley formation, enter now or wait - up to you

FX_IDC:JPYCNH   YEN / CNH
I think that either one of the two price movements are completely viable.

The blue line is the 0.786 and 1.272 confluence region, so if you want to enter based on the confluence then short this now since it has already reached this area a few days ago.

Alternatively, if you would prefer to rely on the market meeting the 0.786 retracement as an entrance point, short at 0.058403. I personally will wait until the market meets the blue region again.

I have extended my usual profit target due to the market trading a range in a consolidation area at the moment.
Comment: On its way down
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out