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27 Okt 2015 pukul 09.10

USDJPY: Valid Gartley / Nice Move Panjang

U.S. Dollar/Japanese YenFXCM

Huraian

On FX:USDJPY, the market is going upward on these 1H bars. It looks, the USDJPY is finishing its correction (retracement) and we have a new impulse leg to start. The price is close to previous structure low at 120.21, which is the X leg of this Gartley. This gives us an opportunity to go long and lock some profits.
T1 - 38.2%
T2 - 61.8%
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