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.
cypher
Reply
slindstr PRO dionvuletich
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...
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out