abpatel1001
Short

Gartley Pattern short

FOREXCOM:EURAUD   Euro / Australian Dollar
I am bullish on this pair as it is a consolidation for a up trend. so i think this would be a counter trend set up. so will be a careful with any profits. If C leg is broken then will need to reconfirm if this set up is still valid. Also 1.5770 area seems to be resistance for now.

I will put a stop order for now to short at 1.5770 with a sl at 1.5845 (X + ATR) T1: 1.5705 T2: 1.5665
Order cancelled: price missed my entry by 10 pips
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