CHFJPY Potential Bearish Gartley Pattern
CHFJPY is printing a Bearish Gartley Harmonic PAttern on H4 Chart. Bearish reversal is predicted.
Area of the Entry: 109.350 – 109.450 ( 109.700 AB=CD )
Stop: above 109.800
Target 1: 109.200 / Reached
Target 2: 109.000
Target 3: 108.800
You can enter the trade as soon as the price meets the area entry or you can wait for a divergence/ pin bar confirmation. I will update.
Update: TP1 Reached. We book partial profit here and move our SL to entry.
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CHFJPY: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility