USD/JPY forming nice Gartley pattern on the 4H chart.
Point C should retrace anywhere from 0.382 - 0.886 of the AB move. Prices have already hit the 0.382% shown by the blue line. If prices start to pull in from here to reach point D we will be buyers. We may see prices move up to the 0.886% level first though so it's a pair to watch for sure.
Point C should retrace anywhere from 0.382 - 0.886 of the AB move. Prices have already hit the 0.382% shown by the blue line. If prices start to pull in from here to reach point D we will be buyers. We may see prices move up to the 0.886% level first though so it's a pair to watch for sure.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.