Alexander_Nikitin

eursud. unified gartley.

Long
Alexander_Nikitin Updated   
FX:EURAUD   Euro / Australian Dollar
A potential unified gartley is completed. look for reversal signals within the support zone.
Comment:
Guys, it is EURAUD, not EURUSD!!!!
Comment:
The bounce started. the steam is increasing. good sing of a reversal. I will enter at a 50% pullback of the lust upside thrust.
Trade active:
executed long. if price moves 1 atr in my direction then the stop is cut by 1 atr. if it moves another atr then the stop is cut by another atr. and so on. atr levels are plotted on the chat:
Comment:
1 atr profit is hit. the risk is cut by 1 atr. primary trendline is plotted. exit if a primary trendline is broken:
Comment:
Comment:
Price hit the Initial Profit Objective zone. The accelerated trendline is plotted. exit if the accelerated trendline is broken:
Trade closed manually:
closed at the accelerated trendline break. now it is seen that the breakout was a false one but you never know it in advance:)

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