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Carlos_LL

GARTLEY PATTERN FINISH ON EURUSD 4H

Long
Euro / U.S. Dollar (FX:EURUSD)  
Carlos_LL Updated   
FX:EURUSD   Euro / U.S. Dollar
Harmonic Patterns Harmonic Patterns Gartley structuretrade ratiotrading akil_stokes jason_stapleton EURUSD
1
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harmonicpatterns harmonicpatterns gartleypattern structuretrade ratiotrading akil_stokes jason_stapleton eurusd
An odd looking Gartley but a Gartley nonetheless is finishing on EURUSD 4H chart. A Bounce on the .786 XA leg would also begin the CD leg of yet a larger Bearish Gartley. Structure lows provide good argument for LONG entry along with an RSI entering oversold levels. C point coincides with .382 retracement of AD leg and is also previous structure high giving a good T1.

A Shout Out to Akil_Stokes for pointing out the long entry levels.
Trade active:
Trade is active.
Comment:
Price action is reaching the .886 retracement and RSI is deep in oversold. This should begin its turn around, might be a good point to add to position.
Trade closed: target reached
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