euraud,looking to go long.
according to the market structure,and harmonic patterns a rally move has to continue ,rally phase is identified by 2heads and 2tails. Harmonic points A&C are the two tails A=low & C=LL AND B&D are the two heads B=high & D= HH.The gartley pattern has reversed in the PRZ becomes a valid bearish gartley pattern. for entry ,price is currently reversing/reversed near or at DP(desicion point in the SGB(YELLOW BOX),the same area/zone is the 50% retracement of the previous bearish garley from harmonic point A to D.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.