DAVID_GIRALDO

multiple pattern opportunities for gj!!

FX:GBPJPY   British Pound / Japanese Yen
3
we recently have made a breakout of the very strong downtrend leg that we got with gj. we are currently getting some bullish consolidation momentum started up for gbpjpy giving us the perfect oportunity to use harmonic patterns to our advantage! for those who missed the initial impulse and are looking to see where they could get the best entry to long this pair once again, we aere about to complete a bullish gartley(setup1).
many different patterns here. 5 setups so far can be made out of them.. ill be looking into them this week. we have yet to see the rest o of the bullish formations for this week.
sorry for the sloppyness of overlapping patterns. zoom into the charts to be able to see each individually and see the horizontal rays tha come at pattern completion points for stronger PRZ
Comment:
bought blue gartley setup
Trade closed: target reached:
1ST PATTERN- GARTLEY. HIT TP1, BROKE EVEN ON TP2
Trade closed: stop reached:
SECOND pattern, small blue cypher- stopped out
Trade closed: target reached:
3rd pattern, orange cypher- tp1 hit, tp2 broke even
Comment:
reching purple gartley entry. has a coinciding ab=cd pattern too
sell limit orders have been placed
Comment:
sorry the second small blue cypher was invalid after a small market dip so it never proved to be a valid setup. so far only 2 valid entries have been triggered. and both have hit tp
second orange cypher had the same PRZ as the bat. bat didnt fall into place as i thought but it did form in the market dip that invalidated the first small blue cypher. so far all setups here have been a sucess

David K Giraldo
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