LewisGlasgow

EUR/USD - Bullish Gartley

Long
OANDA:EURUSD   Euro / U.S. Dollar
EUR/USD is now approaching the completion point of a bullish gartley pattern on the 1h chart.

The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.272 - 1.618
Final X to D: 0.786

I'll re-analyse upon completion, this setup provides a 1:2 risk to reward.
Comment: Pattern almost complete, pay close attention to this move.

I'll be analysing before entry.
Comment: Well done to all those who held :)
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Comments

nice mate , ready to enter ?
+1 Reply
@zazi2020, almost :)
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zazi2020 LewisGlasgow
@LewisGlasgow, :) thanks mate I am entering now ?
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Same observation like you (again) :)
+1 Reply
@balboah, great to see we're on the same page ;) going for 0.382 target?
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balboah LewisGlasgow
@LewisGlasgow, yeah! Love your posts, I haven't traded harmonic patterns before so it's great to see you approve my ideas :)
Reply
@balboah, thanks man! You're on the right track, keep up the good work.
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maybe it will be a different harmonic pattern. I do not trade harmonics but after hitting second target to the downside we still have a corrective structure.
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Looks like a failed setup huh :/
Reply
@balboah, yeah NFP today so would not be a good setup to take in my opinion.
Reply
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