tntsunrise
Short

EURUSD 4H Gartley Completed

FX:EURUSD   Euro / U.S. Dollar
EURUSD             4H Gartley Completed
and price put a doulbe top
this means 1.1780 is the recent turning point.
We can sell EURUSD             Now
SL: 1.1770
AIM for 1.1540 and even lower
Comment:
Comment:
Nice Fall!
+50 PIPS
It's good to take partial profit and hold the rest
Comment: this is a very good exmaple of structure break down and pull back.
Comment: Now is 1.1616
Comment:
Price hit 0.618 support, please take 60% or 70% profit first.
Trade closed manually: The rest of 30% short position hit break-even SL when price come back to 1.1680
Are we still in play? Do we still think the EUR/USD will bounce off the resistance and come down?
Reply
AdeelSafdar pericojonathan
@pericojonathan, i have same question :D
Reply
pericojonathan AdeelSafdar
@AdeelSafdar, He said he took 70% profit pn the 13th and the leftover 30% were taken out at the breakeven point when EUR/USD went back up at 1.1680, so his position is closed. Stay out until we see what the market does.
Reply
AdeelSafdar pericojonathan
@pericojonathan, i didn't took my profit and wait for more and now my position is in loss do close it with minimum loss or wait? what do you say?
Reply
Comment removed
Thank you Jack
Reply
Hi JACK,

I have just investigated FX about 3 months ago and just followed you.
Can you tell me the reason for putting TP is 1.1540?

Thanks you!
Reply
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