FX_Twist

[Daily] Potential Bullish Gartley formation in process?

FX:EURUSD   Euro / U.S. Dollar
Hello everyone!
Here we have potential Gartley pattern setting up. To clarify some things, first of all we need to take in consideration that B leg would be still valid even if it extends beyond 1.0908 level. but we have to make sure that we don't see candle close below 1.0749 mark-then it would invalidate this patter .So pretty much we have a space to breathe, however if the 1.0908 was the final B leg retracment, then we might be on our way up, in longer term targeting 1.1345-1.1450 area for potential C point completion. After that D leg is down at major support zone @ 1,0725, adding more for those looking to build a case for potential longer term buying opportunities.

Take care, and trade smart !

FX Twist




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