One step ahead of the market: Follow up on EURJPYI am looking for two different structure zones on this pair. The lower one gives us first chances to look for valid shorting opportunities. To this point we failed to retest the 61,8 % retracement, therefore the shown gartley pattern isn't activ right now.
So, if we see the lower retracement I will place my limit orders to short via the lower gartley pattern. If we move straight up I will short the higher bat pattern which comfirmed all my rules by now.
Felixhövelborn
BEARISH GARTLEY PATTERN WITHIN TREND FOR TCT: HIGH RRAUDUSD is still in a downtrend. Therefore we're looking to take shorting opportunities to hop on the trend.
This gartley pattern gives us pattern traders a valid short.
Depending on your personal rules you can either trade this pattern with conventional targets (38,2 & 61,8% from A-D) or as a TCT as shown on the chart.
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