Gartley Pattern forming on GBPJPY 1 hr chart. Entry point @138.945 (127.2 ext. A to B leg)
Stop loss @139.270 (10 pips of “X”
Target @138.265 (38.2 retracement of A to D)
GBPJPY 1HR chart appears to be forming a Gartley pattern. Entry point for a short at 127.2 extension @138.945, stop loss @139.270, and target @138.265 which would be the 38.2 retracement of A to D.