Bullish Gartley vs Bearish 2618 // IF=THEN ®
EURAUDMissing the "V" shape on this double top, but until now all the behavior is similar to a 2618 trade setup...
Double top, neck broken, found support @1.435$ previous resistance, retracement... (CHECK LINK BELOW )
Now, IF the price hit the 61.8% retracement (previous neck) and IF there's any indication of a reversal, we can sell this pair with an AB=CD basic pattern as target. Also with one harmonic pattern on the way, one bullish Gartley pattern that will complete his formation around @1.4267, forging point D.
The same, IF we see any indication of a reversal at this price level, as rsi divergence on oversold conditions or macd or whatever indicator we are using, we can think about buying this pair...
Safe trades;
I am a financial market analyst based in Porto, Portugal. I provide market forecasts to a group of professional traders, playing a crucial role in assisting them in making well-informed decisions in the financial markets.
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