euraud. unified gartley

FX:EURAUD   Euro / Australian Dollar
A potential bear unified gartley is setting up. It is seen by cci (14,100,-100), rsi (5,70,30), stochastic (5,3,3,70,30), prex(10), atr(2.5, 30) and percent(0.5%) reversal algorithms. Oscillator wave confirmation algorithms are frequently used by Ellioticians, pips and percent swing identification algorithms are commonly used by classic chart pattern traders and prex algorithm is a universal algorithm used by the majority of traders.

If you have this pattern in your trade plan then...

sell in 1.5657 - 1.5716 zone. if the zone is crossed then the pattern didn't work. first target is 1.5604, second target is 1.5572. The targets are adjusted if price action goes deeper into the yellow zone(restretch the fibs to fit priceaction and find new 0.382 and 0.618 levels).
This pattern was found by the MPS-v5.5 pattern recognition software:

Learn the patterns for free. Click the education tab:

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Alexandr wanted to know if you did some tweaking here lately a lot of your trades have been going south? Are you trying a new system?
lost all my savings, thanks
RodrigoakaTTT raphaelrehman
@raphaelrehman, there was never a reversal sign. If you lost all your saving in one trade and took it just because someone post it on TradingView, you deserve that loss.
raphaelrehman RodrigoakaTTT
@RodrigoakaTTT, it was a joke...
@raphaelrehman, congratulations!
raphaelrehman Alexander_Nikitin
It's dangerous man
@ichimoko, it all depends on your position size
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