PipTips

BULLISH GARTLEY FOR SMALL GAIN?

Panjang
FX:GBPJPY   Paun British / Yen Jepun

Hello traders! A Bullish Gartley reversal pattern possibly developing awaiting the completion of the D point. The measurements for the X-A retracement didn't quite meet the requirements to validate the pattern. The B point was off by a few percentages but the setup looks good since price barely broke below 129.200 before a small pullback. We may see a bearish move to retest the PRZ during London session where we will monitor price action in this area for a buy opportunity if our confirmations give the signal. This is an idea and should not be interpreted as a signal, it is shared for educational purposes.

Good luck to all traders and trade smart, don't gamble.
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.