almost completed bearish gartley pattern Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Dec 4, 2018 6:33 AM

hey traders,

on eurusd pair we have a nice zone to sell the market.
1) the market is approaching a resistance line of a triangle

so we can anticipate at least minor pullback
2) the market is approaching a decent level of structure 1.14
3)RSI looks overbought
4) almost completed bearish gartley pattern that gives us very good r/r

stop is strictly above 1.141

good luck!

Trade closed: stop reached

⋅ Dec 4, 2018 9:47 AM

Comments

FXrun

⋅ Dec 4, 2018 11:04 AM

Great, what's the next prediction? Is it a good moment to set just SHORT? For what target? Thx

VasilyTrader

⋅ Dec 4, 2018 1:30 PM

@mt78, on a bigger picture we see bearish gartley and cypher

I would wait until the market reached the entry point before short

lehlogonolo

⋅ Dec 4, 2018 8:14 AM

This may differ from your idea, but here is mine https://viewhttps://www.tradingview.com/chart/EURUSD/sGb5TTZG-EURUSD-Next-One-To-Explode/

VasilyTrader

⋅ Dec 4, 2018 1:32 PM

@lehlogonolo, yes man, I am already stoped out here