Don_Nilo

Potential Bearish Perfect Gartley in future

FX:EURUSD   Euro / U.S. Dollar
73 0 2
I took 1.2500 as the Higher resistance level decently tested and it works to me. Its 38.20% level remain untested.

Consequently with the published idea Harmonic Bearish Opportunities a potential Bearish Perfect Gartley reveals itself

A) At the time the Bulls will complete the potential Bearish Butterfly @1.11xx (50% Fibonacci) it will create the a B point at 61.80%XA retracement then, the bearish can push the price down to retest 1.07500 zone.

B) At 1.07500 zone the AB leg will be 61.80% retraced creating the C point; and the opportunity to complete AB=CD will still be valid so; the Bulls can rally the price to 1.12500 zone that is the 78.60%XA retracement and complete the Perfect Gartley .

C) The 38.20% retracement of a mayor movement that star at 1.25000 will be tested.


Disclaimer: Never trade any of my ideas; always make your own analysis...but if the idea works, you own a cup of tea, thanks
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out