dionvuletich
Long

240min EURUSD Gartley Buy Pattern

FX:EURUSD   Euro Fx/U.S. Dollar
510 11 5
240min EURUSD             Gartley Buy Pattern
Target 141.4% Extension which is also a 23.2%/ 38.2%/ 78.6% fib retracement cluster on the higher timeframes...

Will be looking to take profit and reverse short if it hits 1.12945
Did you mean 1.0945 for a reverse to the short side? 1.2945 seems a tad ambitious... but you go, trader!
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No, I mean 1.1273 - 1.12945... see my recent post on Euro USD Weekly... if this pattern works/ holds there is a massive fib retracement cluster at 1.1273, I will be scaling out at 1.08167 stop to BE/ trying to run to 1.1273, if it gets there I will then take profit and short it...

This market is stretched on the HTF's and a snap back to the 23.2% (massive cluster level) on the weekly/ monthly chart is not unreasonable
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dionvuletich dionvuletich
May not be up yet, as just posted it... but will be soon... if this gartley works it may flow on into another bearish gartley at 1.1273 at a massive fib cluster on the weekly
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denovo dionvuletich
Yup, I've got a ton of confluence up there as well - there's quite a bit of resistance north of 1.1100 or so. I'm looking for an almost immediate rally from the 1.0625 area (see https://www.tradingview.com/v/5YWlkCHH/).
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We're on the same page... hopefully it works!
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dionvuletich dionvuletich
Although I only buy 70.7% retracements or deeper, so if it rallies from 1.0625 then I won't be on it - hope it works for you though
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Same here , There's butterfly in there too . Should rally
snapshot
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dionvuletich Trading_Accuracy
=) with you there....
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is this not a Bat pattern
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dionvuletich mc.blaze2
78.6% = gartley, 88.6% = bat - mine pattern shows a gartley although I have seen at least two other posts where they call for a bat... either way it doesn't matter as it only impacts R:R
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592pips... thank you Mr Market =)
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