Double Top, Gartley and ab=cd

FX:USDJPY   U.S. Dollar / Japanese Yen
47 0 0
If the B retracement @ 119.90 is closed above before the C retracement is closed below @ 119.65 is the only way this scenario can happen. Also, I adhere to Carney's statement that the ab=cd is the most important part of the Gartley Pattern , which is why I'm ignoring the . 786 retracement of the XA leg. It is most interesting to see a Gartley complete at the start of the XA leg. Most likely to do with the . 382 retracement of the AB leg. Also, I wouldn't be too generous with my stop loss since it is a long term high and the pair has made some pretty good moves lately.

Good Trading.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out