A bullish Butterfly pattern has matured on the 1 hour chart of the AUDJPY this morning.
If an entry here is taken, stop would need to respect the 1.618 area of 94.97. A realistic first target would be
the B point area of 95.40
A bullish Gartley pattern has completed on the USDJPY. It may be too late to enter this trade but it is also possible that price will retest the 78.6 fib level again. Since this is a daily chart pattern, it may also be that an entry at the current price level is not out of the question. Stops would need to be below X of course. Profit targets include the area...
If if completes over the next few sessions, there could be a fairly symmetrical bullish Gartley pattern
available near the 101.20 area on a 4 HR time frame . The B point is within a few pips of the 61.8 fib level.
If the pattern matures it should offer at least 2:1 and potentially 3:1 reward to risk. It would require a stop loss of just over 50 pips with a...
This pair may be nearing a bullish Gartley pattern completion in the area of 1.2200. The pattern looks fairly symmetrical so far and there is prior support in the past at the D point not seen on this chart which also happens to be a whole number. Stop should be placed below X with 1st profit target at the B point or whatever exit strategy the trader is...
