Hi contenders,

Looking for patterns on the 1h charts I observe a Bullish Gartley on EUR/JPY using Fibonacci Retracements:



Down trend into resistance at ~133.680
Gone up (1) and retracing (2) to ~62.8 % of (1)
Going back up again (3) to ~62% of line (2).
Going down now on line 4. Place order at confluence (ellipse) of 78.8% of line 1 and -27% of line 3 + Resistance.

Initial SL 75 pips lower, after initial resistance level and TP at 62% of line (4)
It still went down another ~45 pips, and recovered taking ~75 pips with ~3 mio exposure.

Regards,
mosu_d
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