Oztrade
Short

BEAR GARTLEY - USDJPY - 60M ADVANCED PATTERN

FX:USDJPY   U.S. Dollar/Japanese Yen
236 9 6
Hi All, I wanted to share this potential Gartley , I dont trade Gartley patterns but still good to share these for those who do trade this pattern.

As always - green Entry has the kill zone area between 1.272 and 78.6%

Red for Min Stop Level

Initial Targets looking at the 38.2% and 61.8% retrace from the A to D move after we have the D completion.

If you take 2 positions remember to move second stop to break even when T1 is obtained.

Good Luck and happy trading
This is a good one, I am watching it also it is a 38.2 retracement from 120.50-118.09.....Thanks
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Oztrade RudyK
All the best on this one, I need to run some more testing with the 222 before trading it. Looks good though, Bearish with break in structure at lowest.
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SL
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Oztrade KINGRI
KINGRI - did you take this trade?
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KINGRI Oztrade
NO BCZ WHEN U POST THIS IDEA I WAS IN NIGHT SLEEP AND 12:00 AM WHEN I SEE THIS IDEA AFTER 7HRS SLEEP RUNNING I 119.20
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KINGRI KINGRI
I ALMOST MISSED THIS TRADE BCZ OF MY NIGHT SLEEP
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Oztrade KINGRI
Not to worry Kingri - the pattern has actually been invalidated by the close above X - so anyone that has taken the trade good luck and hopefully it will drop back below entry, and even better if it hits at least T1.
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Oztrade KINGRI
There is a Bear Gartley on GBPAUD 1HR at the moment it is almost @ market X leg is @ 213086's - I havent posted the pattern but looks good for those who trade 1HR GBPAUD in their portfolio.
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Those who took this trade make sure you adjust your target 1 to just above 118.793 and T2 118.512 - good luck hopefully T1 gets hit for you.
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