Nemo75
Singkat

BEARISH Gartley - TCT opportunity on GBPJPY H4

FX:GBPJPY   Pound British/Jepun Yen
The last trade was stopped out, since the price broke the downward trendline with lots of bullish momentum.
Nevertheless the downtrend is still in place. Correction has arrived in my PRZ (blue box) of the depicted Gartley . I'm now waiting for the price to show a reaction within the PRZ before I enter.

->
  • SL goes to right above @150.15
  • Target 1 goes to . 382 retracement level @147.50

Happy to hear your opinion on this opportunity. Feel free to comment.
Happy pips
Nemo
I believe that a test of 145.00 level is more likely before the run up to 156.00
Balas
Nemo75 Jack_Brown
@Jack_Brown, thank you for sharing your opinion.
There is an area around 148 where I expect the price to struggle, since it was a strong support area for round about 3 month at the end of last year.
I bought some popcorn and will watch :)
Happy pips to you
Nemo
Balas
@Nemo75, thanks, with the upward touching 149.37 today I am still with one more visit to 145.00 before the upward resumes, are still with your views there
Balas
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