JoMarshall

16 Pips Booked On 1st Target Of Bullish Gartley On USDJPY

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Just an update for those who took the Gartley pattern trade i posted a few hours ago. The first target has been hit, albeit, for a mere 16 pips profit but hey a win is a win and when you're going through a drawdown these kinda win will help to keep you in the fight. Please also note that i have adjusted the first target because the market has come in a little deeper than expected, hence, why our profit on tis trade is 16 pips instead of the original 20 pips.As you can see on the charts, we take our first profit target on the 38.2 retracement of the BC leg. The only people who haven't yet cashed in on this trade are those that took the structure trade so let's hope the market continues to push up higher.

Note: I'm still waiting for my 2nd target from the gartley trade i took on this pair 2 days ago.

http://www.tradewithme.co.uk
Trade closed: target reached

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