Bullish Gartley - Daily USDJPY

30 thg 6, 2014

A bullish Gartley pattern has completed on the USDJPY. It may be too late to enter this trade but it is also possible that price will retest the 78.6 fib level again. Since this is a daily chart pattern, it may also be that an entry at the current price level is not out of the question. Stops would need to be below X of course. Profit targets include the area of the B point and then the area of A based on the prior resistance before the pattern began to form.