JeffNichols
04-28-2008, 02:17 PM
There appears to be a Bullish Gartley pattern developing on the GBP/JPY H4 chart. The chart attached a chart shows the possible formation of the XA, AB, and BC legs already formed. The blue box on the chart represents the potential reversal area of the CD leg, encompassing the 61.8% to 88.6% retracement of the XA leg.