USDJPY: Possible Bullish Gartley Pattern Formation (Sell D Leg)
Possible bullish Gartley pattern forming on the hourly chart with the below confirmations:
AB - 61.8 fibonacci retracement of xa
BC - 78.6 fibonacci retracement of ab
CD - pending 127.2 fibonacci extension of ab
Sell completion of d leg with targets at prior pivot bottoms.
AB - 61.8 fibonacci retracement of xa
BC - 78.6 fibonacci retracement of ab
CD - pending 127.2 fibonacci extension of ab
Sell completion of d leg with targets at prior pivot bottoms.
Trade closed: target reached:
Closed trade after target 1 hit and strong bull engulfing appeared.