We are closing in on our D-completion of a potential bullish Gartley on the USDJPY.
If we reach our D-completion and the daily candle closes above X, we also have a valid double top on the daily
with overbought RSI and divergence.
This could be an ideal trade to trail your stoploss and reach for daily targets, or ofcourse take your traditional targets.
This depends on the rules you have in your trading plan.
As always, always conduct your own analysis before placing a trade.
If we reach our D-completion and the daily candle closes above X, we also have a valid double top on the daily
with overbought RSI and divergence.
This could be an ideal trade to trail your stoploss and reach for daily targets, or ofcourse take your traditional targets.
This depends on the rules you have in your trading plan.
As always, always conduct your own analysis before placing a trade.
Trade active
Trade closed: target reached:
Hit target1, got stopped out before target2 on breakeven.