GBPJPY 15M - Potential Gartley Pattern Short @ 154.94
Hi all,
There is a potential Gartley Pattern Short forming up on GBPJPY 15M @ 154.94. Little way to go yet, but if we get up there it's a good entry point as the pattern is quite deep allowing for a tighter stop and a better RR ratio.
Stops above X
Initial targets:
1 @ 154.45
2 @ 154.14
As always stick to your rules and initial targets will be adjusted should the pattern complete.
There is a potential Gartley Pattern Short forming up on GBPJPY 15M @ 154.94. Little way to go yet, but if we get up there it's a good entry point as the pattern is quite deep allowing for a tighter stop and a better RR ratio.
Stops above X
Initial targets:
1 @ 154.45
2 @ 154.14
As always stick to your rules and initial targets will be adjusted should the pattern complete.
Trade closed: target reached:
Adjusted targets 1 & 2 hit. Easily making up for the loser on USDJPY.
