slindstr

Ignore this chart - I messed up :)

FX:USDJPY   U.S. Dollar/Japanese Yen
63 2 1
I messed up and thought we had a gartley , but it's too early and since the BC             leg would exceed XA, that invalidates the pattern. I'm still going to buy @ 117.01 with a potential TP1 @ 117.78 though.


Original Idea:

We *might* have a bearish gartley forming in the USDPJY. I'm going to buy @ point C and monitor as we get closer to resistance @ 117.78 and then 118.18. If we make it that far and RSI looks over bought, sell @ D.
dionvuletich
2 years ago
cypher
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slindstr PRO dionvuletich
2 years ago
looks like we didn't get that 1.272 extension from the XA leg so I guess it's invalidated? I'm new to the cypher pattern...
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