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Zeheart
Jan 24, 2013 1:55 AM

Potential Emerging Bearish Gartley AGAIN!!! 

Euro Fx/U.S. DollarFXCM

Description

On yesterday, EU has completed a beautiful Bearish Gartley with a beautiful fall . So will it be the same for this time round again??

Currently the 3rd leg of the pattern has not confirm yet.. the rectangle bar serve as an important level of fibo cluster zone.

By looking at the overall view of EU, movement of price currently is between the upper bound and lower bound of the trendline. It seems to me a possible Descending Triangle and have chances to break down of the lower bound trendline. Stay tune on EU for more updates... =)

Cheers!
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