The Gaterly formation just crossed the 127.2 Fib Extension which is still Valid and with a better Risk Reward. I will be looking for DB formation for a reason to get long. on the lower time frame.
Looking at an opportunity for a Trend Continuation Trade on the EURJPY 4H. THere is a Pottential Bear Battern setting up. D completion at 114.50s.
The Pattern seems to be valid on the 4 hour but invalid on the 1 hour. Counter Trend can look for possible reasons for entry such as DB on the lower time frame.
Looking at the Bull Bat from Previous Week, Just hit target 2 this morning for +132 Pips. During which another Potential advanced pattern formation is setting up. (Bear Bat Completion at 88.6 Fib Retracement.)
Looking at 2 gartely patterns. one is TCT and the other is Counter Trend. Looking for a reason to get entry.
Looking for a reason for a TCT and using a bear Cyper as a reason for Entry. To watch out for RSI over bought.
Looking at structure the Market seems to be down stepping Waiting for a potential 2.618 Setup for a potential Short Entry
On my radar for expecting the market to move up having seen multiple structure resistance on the Left
Pottential Bull Gartely Pattern on the $AUDJPY 4 Hour. Looking at the Market Harmonics and Major structure, on the completion of the pattern is a pottential short entry . Entry : 82.262 Stop: 80.90s Target 1: 83.70s Taget 2: 84.30s