Found this DEEP Potential Gartley setup on the 1hr chart. You can see that B never touches the 78.6% Fib from X to A Validating the Gartley setup. Target 1 is 3 to 1 R/R and Target 2 is 5 to 1 R/R. There would also be a 1 to 1 measured move down to the same area using the A to B and C to D legs. Looking left we have been bouncing off this same support level @ 122.14 We have also broken structure to the upside on the daily chart which has me looking bullish EURJPY
Nota
Although this appears to be a great setup, I personally do not trade Gartley Patterns on EURJPY.Nota
I am not involved with this but if you trade Gartleys on EURJPY you would be filled.Dagangan ditutup: hentian tercapai
I wanted to go against my trading plan and take this Gartley because it just looked so good to me. Fortunately I traded my plan and stayed out. When I did my backtesting on EURJPY, Gartleys finished right around break even so I don't trade them on this pair.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.