Three potential patterns on this pair, on this time frame. A potential , a , and a . Not much on the news front until tomorrows ECB Press Conference and our normal Thursday Unemployment Claims, so we’ll see how things pan out.
Also, as many of you know I put out a weekly trading video on my youtube page every Thursday. https://www.youtube.com/channel/UCVveEks3MWZqOsvzTF_LGQg?sub_confirmation=1
Well this week I’m a little short on ideas, so if you have something that you’d like to be discussed do me a favor and leave your comment under this video and I’ll go through them before tomorrow’s recording starts. Good luck in the markets traders and remember…
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Looking at the PA, my prediction is that, IF the Gartley X@1.1305 completes , we could collect profits in the outside return and then market would roll down to hit the Bat 2nd target!
I believe it would roll down because i see 6 points of structure looking left.
Do you agree with this analysis?
What i would like to see is the compleition of the smaller Gartley, hit that 38.2 retrc. (only 1 target) and then roll down to hit the 2nd target of the Bat!
That would imply the invalidation of the other two of course.
As you know, i´m not an emotional type of trader or person, but hey.... i´m human too!
Thank you for the support!!