USDJPY 4h (almost perfect) Gartley in the making.
It might be sooner to call it, be measurements are almost perfect.
XA retracement is .616 and AB retracement is .626, both of them really close to the perfect 0.618.
Last Friday bar closed very strong, so this is one to keep an eye on it.
Numbers look like:
Enter: 112.955
SL: 112.650
TP1: 113.368 (.382AD 1.4 RR)
TP1: 113.624 (.618AD 2.25 RR)
XA retracement is .616 and AB retracement is .626, both of them really close to the perfect 0.618.
Last Friday bar closed very strong, so this is one to keep an eye on it.
Numbers look like:
Enter: 112.955
SL: 112.650
TP1: 113.368 (.382AD 1.4 RR)
TP1: 113.624 (.618AD 2.25 RR)
Comment:
The enormous GAP invalidated almost all the patterns I was looking at... but this one remains intact...