Fxprotrader
Long

USDJPY Bullish Gartley Completion

FX:USDJPY   U.S. Dollar/Japanese Yen
736 10 20
Price has formed a bullish gartley pattern. After an impulsive move we see a five wave correction to the down, something that tell us that this correction is about to be over.

Stoploss and profit targets as shown at the chart
Trade closed: target reached: 1rst target reached. Move stoploss to breakeven at 2nd trade..
Trade closed: target reached: 2nd target
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Can i know how u set the SL?
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Fxprotrader PRO WeiHangTeoh
The idea is to place it above or below X point of the pattern.. For a more specific level i personally use the 1.130 fib level extention of XA wave..
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WeiHangTeoh Fxprotrader
Thx!! But How about TP?
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clean and simple

good job ^_^
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Thank you mate..
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ok,already long it!
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Fxprotrader PRO zhaokedahuaidan
Good luck mate..!
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zhaokedahuaidan Fxprotrader
my profit target is 116. market will entry risk on pattern and 10-years us bond yield will up.
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Fxprotrader PRO zhaokedahuaidan
If we see a breakout of the corrective structure, 95% will reach your target. But in order to be safe i recommend that when 1:1 move your stoploss to breakeven.
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zhaokedahuaidan Fxprotrader
Thanks
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