USDJPY-Possible Bullish Gartley at the 101.20 area
If if completes over the next few sessions, there could be a fairly symmetrical bullish Gartley pattern
available near the 101.20 area on a 4 HR time frame . The B point is within a few pips of the 61.8 fib level.
If the pattern matures it should offer at least 2:1 and potentially 3:1 reward to risk. It would require a stop loss of just over 50 pips with a potential gain of about 150 pips should price manage to move back up to the level of the A point after the pattern completes at the D point.
available near the 101.20 area on a 4 HR time frame . The B point is within a few pips of the 61.8 fib level.
If the pattern matures it should offer at least 2:1 and potentially 3:1 reward to risk. It would require a stop loss of just over 50 pips with a potential gain of about 150 pips should price manage to move back up to the level of the A point after the pattern completes at the D point.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.