There is a Deep Gartley pattern forming on the USDJPY pair completing @ 115.56. This also happens to be a potential trend continuation trade (TCT) with an advanced pattern as an entry trigger.
One reason i love deep Gartley patterns is because they offer a very good reward to risk ratio. For those who trade advanced patterns strictly, you could take your conventional target 1 and 2 @ 114.87 and 114.44 respectively.
But if you are a structure based trader, you may be shooting for a retest of previous lows. how ever you decide to take the trade is completely up to you. Cheers!
Plan your trade and trade your plan.
One reason i love deep Gartley patterns is because they offer a very good reward to risk ratio. For those who trade advanced patterns strictly, you could take your conventional target 1 and 2 @ 114.87 and 114.44 respectively.
But if you are a structure based trader, you may be shooting for a retest of previous lows. how ever you decide to take the trade is completely up to you. Cheers!
Plan your trade and trade your plan.