Carlos_LL

GARTLEY PATTERN FINISH ON EURUSD 4H

Long
FX:EURUSD   Euro / U.S. Dollar
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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