Nico.Muselle
Short

EURUSD 60 potential bearish Gartley - continued consolidation ?

FX:EURUSD   Euro Fx/U.S. Dollar
Depending how the world might react on the failed negotiations between the EU finance ministers and Greece, we could see a completion of this Gartley or not. I will certainly keep an eye on it.

I would strongly advise to put the stop above previous breakout - if you don't, stop loss might be hunted and you'd lose out on a nice opportunity. Even with this stop loss, the RR for TP1 is 1.5/1 and >3/1 for TP2.

Questions about this setup ? Don't hesitate to contact me.

May the pips be with you !
Nice, Akil would be proud =)
+1 Reply
Nico.Muselle MOD Dale_Ansel
2 years ago
Hehehe ...
Reply
I see you changed your profit logic. You used to use retracements of CD (looking at your older publications), you seem to have switched to retracements of AD. You have gotten a little more ambitious at setting targets! Nice.
+1 Reply
Nico.Muselle MOD JasperForex
2 years ago
Indeed I did, I looked back at previous patterns and checked out the profitability of one system against the other. As it turned out the AD system was overall more profitable I switched. :)
+1 Reply
JasperForex PRO Nico.Muselle
2 years ago
Welcome to the AD club!
+1 Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out