WallStScalper
Short

EURUSD Bearish Gartley

FX:EURUSD   Euro / U.S. Dollar
1071 5 14
Well not much to say looks like a Bearish Gartley here so...

I'm short the currency pair EUR/USD            


Fear not
@BLawrenceM

Hmmm...Is it really a gartley? I think maybe Bat pattern which means completion at 88.6% My reasoning is because the B leg doesnt really touch the 61.8%, it touches and goes slightly above the 50% level..which classifies this as a bat pattern...jsut my thoughts...
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After red arrow ... then Gartley again from a higher level I now see a retrace for minimum 1st target
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FxCC WallStScalper
so you see it hitting your first target before forming another gartley at a higher level ?
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These are strong resistant supports. I accept it and I think perhaps you are right but I would not do yet.
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That would mean in about 3 weeks the Euro slides back down to 1.0400-1.0500 (week of May 17th)
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