Planning to take a current profit on a long and short the Gartley level for a short term drop
Then hopefully hit T1, then it may rally to 1.139 to 1.14 area to complete a larger 5.0 pattern at which point i will sell again looking for much lower levels
Given the basing and flag pattern below the first level is likely to only temporarily hold price, and possibly break higher beyond it, which is why I want to be quick on the first entry and look to run the second as it would be weaker on the second test and likely divergent on the indicators
RSI nearing 70, so looking for sell signals on EURUSD
Then hopefully hit T1, then it may rally to 1.139 to 1.14 area to complete a larger 5.0 pattern at which point i will sell again looking for much lower levels
Given the basing and flag pattern below the first level is likely to only temporarily hold price, and possibly break higher beyond it, which is why I want to be quick on the first entry and look to run the second as it would be weaker on the second test and likely divergent on the indicators
RSI nearing 70, so looking for sell signals on EURUSD
Trade closed: target reached:
R1.82:1 Winner
