Realisto_FX
Short

EURCHF : Potential Bullish gartley

FX:EURCHF   Euro / Swiss Franc
53 6 4
As example of potential bullish gartley pattern published this morning, to validate this scenario the downside should not be lower than point X. I´m currently short from 1.038 but I don´t recommend you to enter now unless you use small lot size. with traling stop SL 1.038

Josep
may I ask what type of pattern this is?
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Here I provide a more detailed explanation of the structure
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gytn25 Realisto_FX
So its a gartley, but why do you take a 0,87 ratio for D completion in stead of the 0,786?
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Ops I see, it was a approximation in the drawing, not a new pattern with 0.87. As soon as it bounced around the D area, I considered a bullish gartley was completed. I recreated perhaps with more accurated lines . What I´m interested is in the price action reaching certain levels to confirm the analysis
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gytn25 Realisto_FX
alright, that's clear!
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UPDATE : Bullish gartley is confirmed, the pair is bouncing aggresively after it touched 1.0279
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