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CarlosPM
Sep 28, 2017 12:45 PM

EUR/USD Bearish Gartley Short

Euro Fx/U.S. DollarFXCM

Description

On a higher time frame we can see that the market has broken below a significant level of support. Hinting a strong medium term bearish trend.

There is a potential opportunity to jump on this trend with this gartley pattern completing at the ratio confluences of 0.786 and 1.272.
The RSI is also signalling a strong divergence with the market.

Stops and targets are shown on the chart.

Trade closed: target reached

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