pavan15589
Short

EURGBP - Gartley with the trend for a great reward.

FX:EURGBP   Euro Fx/British Pound
After a quiet week, a Gartley showed up on the EURGBP             , if filled gives a short signal.
Looking at the major bearish trend , the pattern also points us in the direction of the trend (a trend continuation).

With stops above X
Target 1 - Falls on .382 of CD
With stop moved to 'D'
Target 2 - Look for trend continuation..

Great time to take this trade with minute risk as we are with underlying trend.
As you probably noticed ------
The 1.272 fib ext of A to B also lands right about D
for a little more "punch".
Best of luck to us both !
+1 Reply
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