CADJPY: Gartley Pattern almost finished !!
Hello Traders,
Here we got a Bearish Gartley pattern that is close to completion. The nice thing about this setup is that, we are able to hide our stop loss above the main psychological level of 100. As we can see from the chart, that the market is just consolidating around the 100 level. That just shows how important this level really is. Risk to reward is also favorable for this setup and personally I would be involved in this trade. See the chart for more details.
Good Luck :)
Here we got a Bearish Gartley pattern that is close to completion. The nice thing about this setup is that, we are able to hide our stop loss above the main psychological level of 100. As we can see from the chart, that the market is just consolidating around the 100 level. That just shows how important this level really is. Risk to reward is also favorable for this setup and personally I would be involved in this trade. See the chart for more details.
Good Luck :)