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GaryChew_CFTe
Sep 22, 2016 2:17 PM

USDJPY H4 LONG - GARTLEY Long

U.S. Dollar/Japanese YenFXCM

Description

Not the most precise of Gartleys, but worth a shot.
PRZ in support area, looking for short term reaction.
TBar printed.
RSI oversold and retraced.
Let's see.

Comment

Stops to breakeven.

Trade active

Stopped out on the Type I reaction, now a second stab at the Type II reaction.

Trade active

Stops to breakeven.

Trade closed: target reached

A nice ride to 0.618 retracement.
Trade closed with 220 pips banked.
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