This gartley pattern will complete @1.2906. The pair is currently trying to find support at it's previous lows and a rising trend line which should act like support as we're in an uptrend. So I'll wait how the market opens later today and see if I can place some orders for this one. For now it's wise to be patient i guess.
It depends on your strategy though. Some companies will benefit from buying. Weekly and Daily seem bearish to me.
TradingFellow
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Last week we've been in a downtrend. But if we take a look at the bigger picture the trend isn't as bearish as you do suggest in my opinion. But anyhow, trade your own plan. Don't make any decisions based on someone else's idea if you can't relate to it!
But now the real question. Why do you think it is a sell at this point? Thanks for sharing your opinion :)
TAtrader
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Oke, how much have you invested, based on the reward : risk, around 40%? :)