USDJPY Gartley
On the USDJPY pair we see a gartley pattern .
The C point reached .808 a very strong retracement point .
we ecpect the price to rise until the d point on .739.
if that happens we can measure the c\d leg with fib. an place targets .
Target 1 = Fib .382
Target 2 = Fib .681
An ideal stop loss .. is to wait for the price to pass throught target 1 and then place it at the d point .
Till then you can have it some pips above the x point .
The C point reached .808 a very strong retracement point .
we ecpect the price to rise until the d point on .739.
if that happens we can measure the c\d leg with fib. an place targets .
Target 1 = Fib .382
Target 2 = Fib .681
An ideal stop loss .. is to wait for the price to pass throught target 1 and then place it at the d point .
Till then you can have it some pips above the x point .
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