fximperija
Long

Perfect gartley for long

FX:EURAUD   Euro Fx/Australian Dollar
133 7 0
A perfect gartley , overlap of 78.6 and 127.2 ext.
I wouldn't take this since the BC leg is made within 1 candle. It's against my rules. Also considdering the fact these spikes are because of fundamental news events.
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Ok my take :). I think this will result in a small retracement.

Pull the chart back a bit and you'll see a larger bull cypher. The cypher completes on a multi-year trend line (weekly chart).

Thoughts?
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Harmonics do look good and support seems pretty good at 1.5265 or so . . .
But, I was wondering if anyone has ever noticed or done a study on the
reliability of patterns when the B to C leg is contained within only 1 price Bar.
Best wishes to all ~~~~~~~
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fximperija dojitrader
Take a look at H1 instead of H4 and there's no single bar if that bothers you, mate.
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dojitrader fximperija
Doesn't really bother me, just wondering, as I've always looked for wider swings
for "the look" if you will. Anyway, I checked out the 1hr chart and found the same
price action within so I was wondering what I was missing.
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dojitrader dojitrader
snapshot
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fximperija dojitrader
Don't pay attention to this, the price range is important, not the time factor. Currently trading with range and renko bars (time is of no influence).
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