Nico.Muselle

AUDJPY - money on the table ?

FX:AUDJPY   澳元/日元
A bearish gartley is very close to completion @ structure. The RSI is also indicating an oversold status. Put the stop loss nicely above the impulse leg of this pattern and very little can go wrong. The risk reward ratio is approx 1.5:1 for the first target and larger than 2:1 for the second target.

**** UPDATE ****
The market decided not to respect this pattern and it failed
Erase & Rewind ... up to the next opportunity

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