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UnknownUnicorn99356

CADJPY: Bearish Gartley & Butterfly Pattern in Corrective Wave

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
UnknownUnicorn99356  
FX:CADJPY   Canadian Dollar / Japanese Yen
CADJPY Butterfly Gartley Elliott Wave
3
6
cadjpy butterflypattern gartleypattern elliottwaves
After a very sharp impulsive wave to the downside we see price in a corrective wave. In this wave we see two bearish harmonic patterns (butterfly & gartley) with their D points very close to each other. I believe that if price reaches that zone it will start moving to the downside with a target at 1.27 of the big impulsive leg.

Entry Point: 93.185
Stoploss: 95.505
Profit Target: 85.180

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UnknownUnicorn99356
CADJPY: Potential Gartley Pattern
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