+++ Don't forget to LIKE & Follow+++I found another Gartley Formation on GBPJPY pair. Yesterday's Gartley was good with us, I'm hoping to see the same outcome in this potential Bullish Gartley Formation.
Market is in a sideways move since 2nd Aug on 15M, and it is no wonder that we see Advance Patterns.
You should place stop below X, it well be even better if you can place it below current cycle low - you will still have 1:1 Risk/Reward factor, thanks to B's deep correction. Targets are conventional.
Entry @ 134.22
Stop @ 133.99
Initial Target 1 @ 134.69
Initial Target 2 @ 134.98
Good Luck!
-Alex
I'm a Professional Currency Trader & Mentor with years of trading experience.
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Market is in a sideways move since 2nd Aug on 15M, and it is no wonder that we see Advance Patterns.
You should place stop below X, it well be even better if you can place it below current cycle low - you will still have 1:1 Risk/Reward factor, thanks to B's deep correction. Targets are conventional.
Entry @ 134.22
Stop @ 133.99
Initial Target 1 @ 134.69
Initial Target 2 @ 134.98
Good Luck!
-Alex
I'm a Professional Currency Trader & Mentor with years of trading experience.
Download my Free Ebook & transform your trading Today! bit.ly/2b0ky6D
If you'd like to see more good trading ideas from me, click the "Like" button!
You can get my trading ideas immediately, just make sure to follow me.