glennmercer
Short

EURUSD 4H: VERY BEARISH

FX:EURUSD   Euro Fx/U.S. Dollar
Hey traders! Last week's price action completed with a very bearish move and containment inside the monthly trendline (top, red). Five waves down confirms an impulse, and I want to sell the pullback toward the completion of a potential Gartley pattern . The bearish wave-5 may still have some juice left in the tank as the 1=5 level has yet to be tested. However, in order to achieve a higher R/R I want to wait for the retest of previous fourth wave resistance before entry. More to come!
Trade active: Active, check out this one for more detailed updates:
EURO SLIDE:  Riding It Down to Potential Gartley
this is the problem . eu has to go up , the fight in triangle is winned by the bulls ,
Reply
Hi stream, thanks for the input. Do you have a chart?
Reply
stream glennmercer
i would like to explain on PM if you let me . I will tell you what i mean
+1 Reply
Of course, always welcome to shoot me a PM! I also encourage public posts to keep all informed of alternate opinions
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