Strategy 1 - Buy above 1.5302 also wait to cross 1.5372 then upside target 1.5560-1.5700
Bearish gartley could complete in 1.5560 -1.5700 but it should cross above 1.5302 & later 1.5372 for upside targets mentioned on chart as gartley zone
Strategy 2 - Wait for dip in 1.4900 -1.5000 if holds then buy for same target as mentioned in strategy 1 Else we will wait for dip in 1.4900 -1.5000 if holds then we plan to buy for same target upside
Strategy 3 - Sell with Bearish Gartley if 1.5560 -1.5700 zone holds upside & we see some weakness to get market clues
Failing to hold in the zone or no weakness in 1.5560 - 1.5700 - Bearish Gartley Zone is Pattern Invalidation - Can Fly Like Superman -Up -Up & Away.
AUDUSD - 1500 Pips + Let us catch some sharks
EURUSD - Awesome journey from 1.1366 to 1.0305 - Triangle Magic
Looking Higher against 1.5490 as suggested earlier - got sharp move upside to recent highs @1.5600 Holding 1.5490 as support we will look for upside move.
As expected -got a bounce to 1.5626 from 1.5545 holding 1.5490 as support - looking for sideways to negative move holding below 1.5626 for the range 1.5580-1.5590 next
Looking for a push close to 1.5670 - 1.5685 well below 1.5700 shall be our profit booking zone next we are in position from 1.5600 as suggested support was 1.5580-1.5590 -Made short term bottom at 1.5595 which is key level for next important downside move
Standing at important juncture but not confirmed yet -be careful in booking profits as suggested - we complete the bearish Gartley leg D as per larger view
Till the time 1.5595 is taken out convincingly & sustains below that level we will not sell Staying above 1.5595 - we look for one turn upside to 1.5670 - 1.5685 holding below 1.5700 where we complete the bearish gartley as per main update
EURCAD poked below 1.5595 -key level which was our 1st clue for downside move - Holding 1.5650 on upside (If that is the top) then we look to sell below 1.5570 later or look to join the selling camp on bounce in 1.5615-1.5620 zone or 1.5635- 1.5640 zone as resistance on upside for lower targets - we start the bearish gartley journey
Came close to 1.5615-1.5620 zone - Travelled in bounce upside from 1.5570 to 1.56019 - recent high - getting resistance shall be an opportunity to sell.
Entered in the most wanted zone 1.5615 - 1.5620 & minimum requirement achieved upside - The fall from 1.5650 to 1.5565 has been retraced 61.8% at 1.5620
Shall be looking for a fall - be ready for the excitement once this zone offers resistance - sooner or later shall have the fall.
Zone 1.5615 - 1.5620 offers resistance as expected & pair had a fall to 1.5565 -1.5570 zone
Next Sell -once it starts falling below 1.5565 or Short term buy above 1.5565-1.5570 zone for targets 1.5615-1.5620 zone again - getting resistance later from same zone will be selling from tops again.
Travelled upside above 1.5565- 1.5575 to 1.5615-1.5620 zone - recent high@1.5625 - Looking for resistance - Travelling below 1.5610 & later below 1.5580 can be seen as selling opportunities