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simontien
Jan 19, 2016 9:06 PM
Chasing last leg of a potential ABCD corrective move
Long
FX:EURUSD
240
Euro Fx/U.S. Dollar
FXCM
Description
⋅
Jan 19, 2016 9:06 PM
An ABCD corrective move could end up at a significant daily resistance. Bullish Gartley potentially retesting the upper band of an already broken descending channel could be use as buy entry level to ride the BC leg of the entire "big" correction.
AB=CD
Bullish Gartley
Gartley
Bullish Patterns
impulse
Support and Resistance
entry
buy
Descending Channel
Parallel Channel
More