swish33dv

Gartley Setup on EUR/USD

Long
FX:EURUSD   Euro / U.S. Dollar
The 78.6% Retracement level for the D leg of this Gartley setup falls VERY close to the support level at 1.22883. If price goes down to that level and holds on that support, I will look to go Long around that area. Stop loss might be around the low at 1.22356 (about 58 pips), and take profit would be around 1.23841 (about 90 pips).
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.