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Art_of_Trading
May 3, 2017 5:15 AM

EURUSD: Gartley Short Short

Euro Fx/U.S. DollarFXCM

Description

The EURUSD developed a gartley pattern on 1 H chart. It hit the entry point and it a good opportunity to go short. There is a resistance level at 1.0947, which increase the probability of this trade. Usually, big positions are placed at key levels like that resistance and it is more likely the drops and hits the targets.
T1 - 38.2
T2 - 61.8

Note: There are some major news at US open - ADP Payroll, Fund Rate, Crude Oil and major moves are expected. It is not recommended to stay in trade while those news came out.

Comment

T1 Hit

Comment

T2 Hit, Trade clsoed
Comments
ender.genom
So rare charts from you...
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