EUR/JPY - Bearish Gartley

Jul 5, 2018

EUR/JPY is now restesting the PRZ of a bearish gartley on the 1h chart.

The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.13 - 1.618
Final X to D: 0.786

Use the 15m chart for entries! Minimum 1:2 R:R trade.



Safe trading everyone!

Jul 5, 2018

Trade active

Type-II retest has been confirmed. Price is now testing resistance on the 4h chart.



Requires active trade management, pay close attention to the upside break!

Jul 9, 2018

Note

Looking for a breakdown of the smaller structure towards the support trendline.

Jul 10, 2018

Trade closed: stop reached

It's more than likely price is shaping up to test 131.500.



Onto the next one :)