Gartley Ending at C Wave Short

Euro Fx/New Zealand DollarFXCM

Description

⋅ Sep 13, 2014 4:43 AM

Good fib confluence at D and structural resistance is also there. The C wave may also end there. So the new wave 1-5 may start at D.

Gartley Elliott Wave

Comments

Sandeep_Gupta

⋅ Sep 17, 2014 6:03 AM

If you move the chart backward, you will find that this is the level where the price taken support and some time resistance, so this is important level. Here the price can find resistance once again and move backward.

SrikanthTirumalasetty

⋅ Sep 17, 2014 5:55 AM

wat is blue horizontal line..?

Sandeep_Gupta

⋅ Sep 14, 2014 3:43 PM

Welcome, buddy.

Sandeep_Gupta

⋅ Sep 14, 2014 7:11 AM

Sell limit order at 1.6037, stop loss at 1.63057 and target at 1.55372, the trade idea is purely for educational purpose.

Mr_DL

⋅ Sep 14, 2014 2:05 PM

Of course, thank you.

Mr_DL

⋅ Sep 14, 2014 6:42 AM

Where are you shorting from?
1.59 or 1.60 ??