RaynLim
Long

Trade Ideas Position: USDJPY Gartley

FX:USDJPY   U.S. Dollar / Japanese Yen
A bullish Gartley setup and has checkback, hence, I've already engaged the trade.

The Gartley pattern is formed within the buy zone of this very timeframe, the 1-hourly chart.

With the candle confirmation, it is encouraging to engage the trade, however, the 1st target isn't a 2:1.
Trade active: SLE: 107.13(+2)
TP1: 107.45(+34)0.7:1(Target Attained)
Comment: SLP: 107.40(+29)
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Comments

Very nice trade wave analysis
Reply
RaynLim DaweFXHunter
@DaweFXHunter, Thank You Dawe
Reply
This analysis is great! You're the only trader I've seen anticipate the bullish spike on this pair, here my bias as it stands now
Reply
RaynLim forexwithfred
@forexwithfred, Thank You Fred, I do agree on a potential break and close above the resistance area, that is marked as rejection on your chart. Whether it can hold after the break and close above I've to observe from there.
+1 Reply
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