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KarYong
Jun 22, 2015 9:01 AM

USDJPY: Intraday Completed Gartley Short

U.S. Dollar/Japanese YenFXCM

Description

We have a completed Gartley pattern here on USDJPY. As long as price respect the 123.20 level, traders can look to short at current market price with stops above the 123.20 level targeting the 122.85 region.

I would love to hear your opinion, feel free to comment, agree or disagree.

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Comments
kalong
This looks more like a double bottom with C touching the exact same level as A.
KarYong
yes it is a double bottom with divergence too. Can wait for a 61.8 retracement to trade the 2618 setup.
kalong
I am waiting for the 2618 setup too.
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