milburnperry

Bullish Gartley - Daily USDJPY

FX:USDJPY   U.S. Dollar/Japanese Yen
31 0 2
A bullish Gartley pattern has completed on the USDJPY             . It may be too late to enter this trade but it is also possible that price will retest the 78.6 fib level again. Since this is a daily chart pattern, it may also be that an entry at the current price level is not out of the question. Stops would need to be below X of course. Profit targets include the area of the B point and then the area of A based on the prior resistance before the pattern began to form.
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