A potential bullish gartley
is close to completion at 1.1155. We have an ab=cd
pattern as well as 1.272 ext lining up perfectly with 0.. 786 retracement
. This is great confluence when building a case to enter. We also have previous structure support
which has rejected the 1.1129 level at least 3 times. We have a ranging market with no clear trend giving us ideal conditions to trade harmonic patterns
. If we can achieve oversold RSI
then this gives us another signal to enter long.
Targets at 0.382 and 0.618.