FX_Twist

[D] Bat into gartley harmonics. Back to back patterns!

FX:EURUSD   Euro Fx/U.S. Dollar
4 months ago
This is a longer term trade!
Bat pattern will complete at 1.1367 (88.60% XA retracement, near AB 161.80% extension), but it can can't exceed past X point (1.1423). If we see comfirmation for sell ( rsi divergence/overbought), then it might be a good selling place. I didn't draw support/resistance in this picture, but there are also major resistance.
Gartley pattern's C point could be located near Bat completion point, around 61.80% retracement (1. 1343             ). Gartley pattern will still be valid even if it extends past 1. 1343             , but it can't exceed past A point(1. 1618             ).
3 months ago
Comment: Soon we will see.
KhunHunSein
4 months ago
nice chart
good mate
Reply
FX_Twist KhunHunSein
4 months ago
Thank's mate =]
Reply
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