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fergust
Apr 7, 2016 4:34 AM

EURUSD Short/Gartley Pattern Short

Euro Fx/U.S. DollarFXCM

Description

Historic Low tested. Retest in due order. Gartley Pattern formation aligned with resistance structure at 1.272 fib ext. First TP at 3.82 retracement falls directly on structural support. RSI borderline overbought. Should be overbought once the D leg is complete. Short term short. Long term reversal after consolidation and historic low retest.
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