WendelinProbst
Long

EURUSD: Bull Gartley at Market

FX:EURUSD   Euro Fx/U.S. Dollar
103 6 1
Be careful, this one is in a sharp downtrend, but also oversold...
WendelinProbst
2 years ago
I have not drawn targets as I am shooting for big targets here. Stop is some pips below X, so not much risk for a potential bigger move.
Reply
WendelinProbst
2 years ago
Moved Stops to BE and enjoying a free ride now. Maximum target with trailing stops below swings would be just below 1.32 at the .382 of the whole big down move of this summer ;-) Even if it is just a 10% Chance that we go there its worth taking it, Cable made a similar move around the Scottish vote.
Reply
WendelinProbst
2 years ago
If stopped out BE I will try to get a butterfly entry + potential double bottom at another down spike around 1.2655. Also a nice support at the daily chart there. Let`s see.
Reply
WendelinProbst
2 years ago
Pot Butterfly no longer valid, very nice. Go go go.
Reply
WendelinProbst
2 years ago
for a real bullish move, we have to break 1.2763 and that is still a distance away. But I could imagine that many Shorties will start buying up there.
Reply
WendelinProbst
2 years ago
If the Euro fails to make a new days high with the current upmove from the retracement, we could potentially see another test of the lows and a Gartley Entry around 1.2968. I hope we won`t get there again ;-)
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out