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Fx-Nature
24. Aug. 2017 21:24

USDJPY - Bearish Gartley within Fibo channel... Short

U.S. DOLLAR / JAPANESE YENICE

Beschreibung

Technically:
- Bearish Gartley (4H)
- AB=CD (4H)
- line 1 of Fibo bearish channel
- 0,618retr

Entry area: 110-110.15
Potential target: 108,35

Breaking line 1 of channel can pull this pair toward 111,20-111,30 area.

Trade responsibly.

Kommentar

Ideally hit the reversal zone with 50 pips market's reaction.

Kommentar

I will be looking for reentry for retest of ~108,30 area...
Kommentare
KlaudiaA
Why dont you put an X - there where you have the highest arrow on ~110.941?
Fx-Nature
@KlaudiaA, I am looking a pattern with limited time expiration. That gartley is matches to my strategy. I see ~110 as key level for this pair. Breaking this level invalidates this trade as mentioned above. If it's broken I will look for buy setup.
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