EUR/USD Potential Gartley Pattern
UPDATE 17/06/15: Daily closed above the Max to validate a Potential Gartley. Trade invalid.
If price manages to close between the MAX/MIN and then rebound, we could potentially see a reversal to Point D, whereby we'll enter within the range 1.07095-1.06032 (minor support/resistance)
Targets @ 1.098, just below the 38.2 of the AD Leg
Stops @ 1.05080, just below the X point
Obviously we won't be looking for a short at the C point based off of this Pattern.
Fully welcome any ideas to prove me wrong – might save me some money.. ^_^
If price manages to close between the MAX/MIN and then rebound, we could potentially see a reversal to Point D, whereby we'll enter within the range 1.07095-1.06032 (minor support/resistance)
Targets @ 1.098, just below the 38.2 of the AD Leg
Stops @ 1.05080, just below the X point
Obviously we won't be looking for a short at the C point based off of this Pattern.
Fully welcome any ideas to prove me wrong – might save me some money.. ^_^
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