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FX_IDC:JPYCNH
 
     
 
    
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JPYCNH Forex Chart

 

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olly_price olly_price JPYCNH, 240, Short ,
JPYCNH: JPYCNH Gartley formation, enter now or wait - up to you
26 0 4
JPYCNH, 240 Short
JPYCNH Gartley formation, enter now or wait - up to you

I think that either one of the two price movements are completely viable. The blue line is the 0.786 and 1.272 confluence region, so if you want to enter based on the confluence then short this now since it has already reached this area a few days ago. Alternatively, if you would prefer to rely on the market meeting the 0.786 retracement as an entrance point, ...

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