FX:CADJPY Buy when/IF completed ® GARTLEY Point B: 61.8% can not touch 78.6% XA Point C: 38.2% to 88.6% AB Point D: 78.6% XA 127% ext AB Target: TP1 38.2% AD TP2 61.8% AD Safe Trades;
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...
TRYING MY HANDS ON MORE PAIRS NOW THAT THE MAJORS HAVE BEEN PERFORMING BADLY FOR ME. RECENTLY REJECTED FROM 100.00 ROUND NUMBER RESISTANCE. THIS PAIR MAY SEE SOME CORRECTION TO 97.00 OR EVEN 96.00. A TRADE WORTH LOOKING OUT FOR NEXT WEEK.
CADJPY recently broke through resistance @ the 96.80s, a level that was tested multiple times as recent as Friday.I'm hoping we see one more test before resuming to the upside. BUY @ 96.80s SELL @ 98.40s STOPs below the next level of resistance @ 96.40s