TomHall
Long

EUR.GBP - BULLISH BAT & CYPHER SETUPS - .8497 & .8488

FX:EURGBP   Euro Fx/British Pound
On the EUR.GBP 1hr chart we 2 potential trade opportunity's at the D leg completion of a Bullish Cypher & Bat setup.

Bullish Cypher Setup ( Grey ) - D leg completion .8497
Target 1 - .8523
Target 2 - .8540

Bullish Bat Setup ( Blue ) - D leg completion .8488
Target 1 - .8518
Target 2 - .8536

Bullish Bat Setup: Stop loss would be placed below X leg structure support .
Bullish Cypher Setup: Stop loss would be placed below X leg structure support .
Comment: EUR.GBP - Bullish Cypher at .8497 now complete.
Comment: EUR.GBP - Bullish Bat at .8488 now complete.
Comment: 5 EASY STEPS TO TRADE THE GARTLEY PATTERN

5 EASY STEPS TO TRADE THE GARTLEY PATTERN
Trade closed: target reached
Comment: Short opportunity at the retest of .8480 strong resistance.
Long opportunity at the break and close above .8480
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well done, but quick question, as the price at D is below X, is that supposed be trade closed or SL? Or need to wait for the price come back to D and enter?
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Tom, can you explain please concerning the take profit: 38% of what? Of the original C-D? Or of the C to the actual bottom (in this case 0.8466)?
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Perfect. Thank you TomHall
+1 Reply
trade is still valid, right?
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TomHall TOP Walentine
@Walentine, It is yes.
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Walentine TomHall
@TomHall, thanks!
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TomHall TOP Walentine
@Walentine, My pleasure.
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more intersting, thanks!
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TomHall TOP Walentine
@Walentine, Thank you.
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shaitan! how it works?
+1 Reply
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