EURUSD long based on Gartley and Gann
Major confluence zone of time and price
1. 225-degree Square of 9 value at 1.1343
2. Top range of a bullish shark harmonic pattern.
3. Intersection of key shared Gann 1x3 angle and 1x3 arc.
4. 30-day cycle, 30 day move down from recent swing high.
5. Probable double bottom found near, creating a 2018 double bottom – that’s if this entire structure holds and we don’t have a strong breakdown below the 2018 low of 1.13008.
6. Anomalous reaction to the square of price and time at the 1.1467 value area on October 17th, no responsive testing indicates a false move down.
1. 225-degree Square of 9 value at 1.1343
2. Top range of a bullish shark harmonic pattern.
3. Intersection of key shared Gann 1x3 angle and 1x3 arc.
4. 30-day cycle, 30 day move down from recent swing high.
5. Probable double bottom found near, creating a 2018 double bottom – that’s if this entire structure holds and we don’t have a strong breakdown below the 2018 low of 1.13008.
6. Anomalous reaction to the square of price and time at the 1.1467 value area on October 17th, no responsive testing indicates a false move down.
Comment:
When published @ 0701 CST, there was evidence on smaller time frames of strong rejections to lower prices at confluence zone of the 225 and Shark levels.
Trade active:
Added at 1.1315