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petermp25
Jun 21, 2015 2:30 PM

EUR/USD Headed to 1.25? Gartley Completion  Long

Euro Fx/U.S. DollarFXCM

Description

A very, very long-term trade which I didn't jump on but it fits the criteria of a Gartley pattern

B is a 61.8, and doesn't touch, or close, on or below the 78.6 of XA
C manages to close just below the 78.6 of AB
D is an almost perfect 161.8 (Rules state a 127.2 or a 161.8).

Clear rebound at point D

Targets for a Gartley would be a 38.2 of AD (1.25596)
Stoch confirms this
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