Nemo75

BEARISH Gartley - TCT opportunity on GBPJPY H4

Short
FX:GBPJPY   British Pound / Japanese Yen
The last trade was stopped out, since the price broke the downward trendline with lots of bullish momentum.
Nevertheless the downtrend is still in place. Correction has arrived in my PRZ (blue box) of the depicted Gartley. I'm now waiting for the price to show a reaction within the PRZ before I enter.

->
  • SL goes to right above @150.15
  • Target 1 goes to .382 retracement level @147.50

Happy to hear your opinion on this opportunity. Feel free to comment.
Happy pips
Nemo

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