dojitrader

Another Imperfect Gartley --- Maybe ?

FX:EURUSD   Euro / U.S. Dollar
161 4 0
Did not see where anyone else had posted this set up. Looked because I thought
I'd seen such a post, but, passed it off thinking Euro             would turn down much before
the target. Ha ha ha ha ha ha ha h ah a
I call it imperfect because the A to B leg is less than .618 fib and as such the
probabilities of being profitable are reduced.
However, my EW analysis has given me 2 early entries that did not work out,
SO, how about this as I still think the Euro             is headed lower. ?
Thus this may be a with 1.618 of A to B and .786/.886 of X to A confluence with D
Third Try Is The Charm ???
Yes, had you read the comment just above yours, you would have seen that i corrected myself !
Reply
Hey Trader. This is a Bat pattern, where the B touch 0.50 but did not touch 0.618, there fore the D entry will be around 0.886 AND 1.618 confluence area
Reply
With the A to B leg retracing only .50 % or so this pattern is better identified as a Bat pattern
Thus, it would be complete @ ,886 which is right around 1.3772
Reply
Looks like you ould be correct so do ufeel the target is 1.34702?
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out