Andre_Cardoso

Completed Gartley @ 2nd TP / Forging a Bat / Eventual AB=CD ®

Panjang
FX:CADJPY   Dolar Kanada / Yen Jepun
Gartley pattern very close to the second target at 61.8% from AD leg, very close with the point D target for Bat pattern, both right above support price zone;
Now, IF we get point D for the Bat pattern, and IF we get a retracement at 61.8% (2nd target, TP2), we know that the price can forge an AB=CD pattern, with target (pink Point D) synced with previous structure lows from 4th August, and a new opportunity created for an eventual long position;

IF=THEN

Bullish BAT Pattern objective:
Long at D

Point B:
38.2% close below 61.8% XA
Point C:
38.2% AB close below point A
Point D:
88.6% XA

Targets:
TP1 38.2% AD
TP2 61.8% AD
_______________

Notes and targets on chart;

Safe trades;
open.spotify.com/tra...4T1md5Xxs5mfLM3YRG0P

Penafian

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