JoMarshall
Short

Potential Bearish Gartley on USDJPY

FX:USDJPY   U.S. Dollar/Japanese Yen
3924 21 76
So we have a potential bearish gartley pattern on this pair and we are just a few [pips away so let's see if we can get there. We also have the extra bonus of a bearish divergence on the rsi so this should be a good one.

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Trade active
Trade closed: target reached: 1st Target hit +62 pips
Comment: Stops Moved to breakeven
Trade closed: target reached: Both Target Hit for a total of 100 pips. This is as painless as they come
USDJPY


Nice, I agreed with you.
+1 Reply
https://www.tradingview.com/chart/7hLqK1j8/
Reply
Yeah correct, it's a cypher not a gartley like you mentioned earlier. Long term you will probably be right but i don't trade the daily time frame.
Reply
VPS JoMarshall
Thank you.
Reply
You're welcome
Reply
stomeg01 JoMarshall
i really like your chart, thankyou very much for sharing. now i can see a triple maximum on 30m chart. can you confirm Jo? thanks again
Reply
JoMarshall stomeg01
Thank you bro and yes you're absolutely right, well done.
Reply
DerekUweri71 JoMarshall
Nice work Jo Marshall !!!
How did you calculate your Targets?
Reply
JoMarshall DerekUweri71
1st Target: 38.2 fib retracement of AD leg. 2nd Target: 61.8 Fib retracement of AD leg.
Reply
DerekUweri71 JoMarshall
Thanks Jo.
Reply
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