Long

Potential Gartley, EURUSD 30M

Updated

the current level in which the bar sits is a perfect 61.8 off of the top. If it hits 88.6% (blue line above) I will consider it invalidated. If we can get a push down into the 1.27 extension from here a bullish Gartley will have completed :)

Cheers, and happy trading!

-John, J1TFX

Note

We are currently sitting right on the 88.6%. I will still watch for any possible move to the downside from here on out, but the level of significance has decreased for this chart pattern at this moment. :)

Note

UPDATE: As you can see, the invalidation line has been exercised. Hope you were patient, let's move on to the next opportunity!

j1tfx

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