Kjetil_Johannesen

Extremely deep Gartley on USDJPY

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
It seems to me that we have an extremely deep Gartley on USDJPY .
AB completes a tick from 78.6 (which would invalidate the pattern), and D completes almost at X,
which gives this potential gartley an amazing R/R (according to my targets) of almost 1:3 for target 1.

This is also near the top of our consolidation zone where one could quite possibly shoot for extended targets.

Weird-looking thing, but it meets all my rules.
Order cancelled: Pattern no longer valid.

Comments

Note that this is on 15 minutes, but I figure it will be a few hours until it completes. That's why I posted it here.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out