USDJPY bullish Gartley

FX:USDJPY   U.S. Dollar / Japanese Yen
406 23 5
Buy this bullish USDJPY             Gartley at 103.20. Tight stop 30 pips lower with a potential for RVR             of 1:2. Sell 80 pips higher.
Comment: Profit taken on the first target. Move your S/L to break even now.
Comment: S/L moved to 103.53.
Comment: Position closed at 104.00.
on fire bro. do u have a telgram link also or no?
xofficialpage xofficialpage
telegram app*
Fibtrader786 xofficialpage
Unfortunately not :-(.
It is a nice Gartley but daily chart still shows a downtrend so i prefer waiting for price to drop to the next support before looking at going long...Goodluck though
The trend does not matter imo. Probability of these patterns is the same even though you are going against the trend. Actually the RVR is even greater when the trend is reversing.
SNB Fibtrader786
Well your point was proven, well done i will take that as a lesson. Thank you :)
Why not?
Rocketman Fibtrader786
So, you are saying that it doesn't have to exactly be a 61.8% and a 78% retracement to qualify?
Fibtrader786 Rocketman
Yes the number when you want to buy or sell is either 618 or 786 and is is still considered Gartley pattern
Rocketman Fibtrader786
0.711 and 0.786 is what I see on your chart, though.
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