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.
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Pattern no longer valid.