EURUSD - BULLISH CRAB - GARTLEY - SHORT PLUS LONG SETUP

Euro Fx/U.S. DollarFXCM

Description

⋅ Oct 9, 2016 3:40 PM

EURUSD - LOOKING TO SHORT AT MARKET OPEN 3 DAY RSI NICELY OVERBOUGHT FOR A SWING DOWN LOOKS GOOD ON INTRADAY (CHART BELOW).

THE MARKET IS STILL RANGING ATM WHICH GIVES US A GOOD COUPLE OF POSSIBLE LONG SETUPS BEING GARTLEY AND CRAB LOOK FOR ENTRY AROUND THE BUY ZONE.

TARGET ZONE IS A RANGE OF POSSIBLE TARGETS REFLECTED FROM EXTENSIONS A-D + CD FIB LEVELS.

Comment

⋅ Oct 9, 2016 3:48 PM

30 MIN CHART FAILING TO MAKE NEW HIGH

Comment

⋅ Oct 19, 2016 6:43 PM

CLOSED 75% SHORT IM STILL HOLDING THE REST BUT IF WE MAKE A HIGHER HIGH IN THE BUY ZONE I WILL BE JUMPING LONG

Comments

purpurato59

⋅ Oct 11, 2016 12:14 PM

Good chart.
I'm watching your red gartley, we're getting close. Blue harmonic looks less plausible imo.

wolfstreetswinger

⋅ Oct 11, 2016 12:21 PM

yes not much further :) but crabs the blue harmonic do have value as they are quite deep and price is usually at extreme so they do offer better risk to reward thats if price the reaches