AUDJPY Gartley pattern short, Public Journal #4

Dolar Australia / Yen Jepun (FX:AUDJPY)

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FX:AUDJPY Dolar Australia / Yen Jepun

gartleypattern fibonacci candlestick audjpy gartleypatern bearishgartley

AUDJPY has been trending up for a long period of time and then got exhausted. Price has entered a distribution phase where it pills up orders to trick traders to go both ways, long or short. I've waited for price to lure traders into it's trap then reveal the main move. Price showed it's move which took out traders going long and decided to go bearish. Now within that move, I've noticed a Gartley pattern forming. Now I wait for price to hit the D point which aligns with the resistance of the distribution phase.

Pesanan dibatalkan:

Missed out entry and continued with the trend

Penafian

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