The last trade was stopped out, since the price broke the downward trendline with lots of bullish momentum. Nevertheless the downtrend is still in place. Correction has arrived in my PRZ (blue box) of the depicted Gartley. I'm now waiting for the price to show a reaction within the PRZ before I enter.
I believe that a test of 145.00 level is more likely before the run up to 156.00
Nemo75
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@Jack_Brown, thank you for sharing your opinion.
There is an area around 148 where I expect the price to struggle, since it was a strong support area for round about 3 month at the end of last year.
I bought some popcorn and will watch :)
Happy pips to you
Nemo
Jack_Brown
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@Nemo75, thanks, with the upward touching 149.37 today I am still with one more visit to 145.00 before the upward resumes, are still with your views there