KarYong
Long

USDJPY: Potential Gartley

FX:USDJPY   U.S. Dollar / Japanese Yen
Potential long entry
the daily candle is pretty bullish too
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potential gartley on daily
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Watch out to trade this one akyong; this is not a valid gartley. Look closer at the C point of this pattern that does not meet the requirements.
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KarYong Aqua-Life
why do you say that the c point does not meet the requirements? I've checked and it seems valid.
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Aqua-Life KarYong
Where did you check? C must at least touch the 61,8 retracement of AB. Unfortunately a lot of inacurate vague explenations are available on google search.
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KarYong Aqua-Life
c leg just need a minimum 38.2 retracement only.
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Aqua-Life KarYong
Well I'm not going to argue about this. I just wanted to give you a heads up about it. Do with it what you want.
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KarYong Aqua-Life
it's not about arguing, but more of different strictness of the rules only.

for me i am following the rules here: http://www.investopedia.com/terms/g/gartley.asp
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